OHB (ETR:OHB) Trading 1.4% Higher – Here’s What Happened

Shares of OHB SE (ETR:OHBGet Free Report) shot up 1.4% during trading on Thursday . The stock traded as high as €203.00 and last traded at €194.80. Approximately 37,884 shares changed hands during mid-day trading, an increase of 32% from the average daily volume of 28,740 shares. The stock had previously closed at €192.20.

OHB Price Performance

The company has a debt-to-equity ratio of 41.36, a current ratio of 1.84 and a quick ratio of 1.12. The stock’s 50 day moving average price is €263.75 and its two-hundred day moving average price is €300.12. The firm has a market capitalization of $3.87 billion, a price-to-earnings ratio of 55.52, a PEG ratio of 1.13 and a beta of 0.85.

About OHB

(Get Free Report)

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.

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