MTU Aero Engines (ETR:MTX) Shares Down 7.1% – What’s Next?

MTU Aero Engines AG (ETR:MTXGet Free Report)’s share price was down 7.1% during trading on Tuesday . The company traded as low as €320.20 ($333.54) and last traded at €325.20 ($338.75). Approximately 135,077 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 178,994 shares. The stock had previously closed at €349.90 ($364.48).

MTU Aero Engines Trading Down 7.1 %

The company’s fifty day moving average price is €322.44 and its 200-day moving average price is €294.61. The stock has a market cap of $17.49 billion, a price-to-earnings ratio of -242.69, a P/E/G ratio of 1.34 and a beta of 1.49. The company has a debt-to-equity ratio of 53.51, a current ratio of 1.18 and a quick ratio of 0.90.

About MTU Aero Engines

(Get Free Report)

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).

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