OHB (ETR:OHB) Stock Price Up 1.1% – What’s Next?

OHB SE (ETR:OHB)’s stock price traded up 1.1% during trading on Wednesday . The stock traded as high as €270.00 and last traded at €268.00. 2,929 shares were traded during mid-day trading, a decline of 90% from the average session volume of 28,740 shares. The stock had previously closed at €265.00.

OHB Price Performance

The stock has a market capitalization of $5.50 billion, a PE ratio of 78.95, a price-to-earnings-growth ratio of 1.13 and a beta of 1.07. The business’s 50-day moving average price is €250.94 and its 200 day moving average price is €160.34. The company has a debt-to-equity ratio of 74.26, a quick ratio of 1.12 and a current ratio of 1.30.

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.