OHB (ETR:OHB) Trading Down 1.1% – Time to Sell?

OHB SE (ETR:OHB)’s stock price was down 1.1% during mid-day trading on Thursday . The company traded as low as €228.00 and last traded at €232.00. Approximately 11,864 shares were traded during mid-day trading, a decline of 59% from the average session volume of 28,740 shares. The stock had previously closed at €234.50.

OHB Trading Down 1.7%

The company has a debt-to-equity ratio of 62.40, a quick ratio of 1.12 and a current ratio of 1.33. The stock has a market capitalization of $4.52 billion, a PE ratio of 64.84, a price-to-earnings-growth ratio of 1.13 and a beta of 0.87. The business’s 50-day moving average is €338.80 and its two-hundred day moving average is €295.05.

About OHB

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.