MTU Aero Engines (ETR:MTX) Stock Price Down 1% – What’s Next?

MTU Aero Engines AG (ETR:MTXGet Free Report) was down 1% on Wednesday . The stock traded as low as €347.70 and last traded at €353.30. Approximately 144,894 shares traded hands during trading, a decline of 19% from the average daily volume of 178,994 shares. The stock had previously closed at €356.70.

MTU Aero Engines Stock Performance

The firm’s 50 day simple moving average is €373.36 and its 200-day simple moving average is €367.56. The company has a market capitalization of $18.99 billion, a price-to-earnings ratio of -30.93, a P/E/G ratio of 1.34 and a beta of 1.49. The company has a debt-to-equity ratio of 54.76, a quick ratio of 0.90 and a current ratio of 1.18.

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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