OHB (ETR:OHB) Shares Down 13.3% – What’s Next?

OHB SE (ETR:OHB)’s stock price traded down 13.3% on Thursday . The company traded as low as €378.00 and last traded at €380.00. Approximately 18,957 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 28,740 shares. The stock had previously closed at €438.50.

OHB Stock Performance

The company has a current ratio of 1.33, a quick ratio of 1.12 and a debt-to-equity ratio of 62.40. The stock has a market cap of $7.54 billion, a PE ratio of 108.30, a P/E/G ratio of 1.13 and a beta of 0.76. The business’s 50-day moving average price is €376.07 and its 200-day moving average price is €260.27.

OHB Company Profile

OHB SE operates as a space and technology company in Germany, rest of Europe, and internationally. The company operates through three segments, Space Systems, Aerospace, and Digital segments. The Space Systems segment focuses on developing and executing space projects. This segment primarily develops and manufactures low-orbiting and geostationary small satellites for navigation, research, communications, and earth and weather observation and reconnaissance, including scientific payloads; undertakes projects for the assembly and outfitting of the International Space Station; and prepares studies and models for exploring solar system, such as the moon, asteroids, and Mars.