Rheinmetall (ETR:RHM) Stock Crosses Below 50-Day Moving Average – Time to Sell?

Rheinmetall AG (ETR:RHMGet Free Report)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of €1,718.79 and traded as low as €1,560.00. Rheinmetall shares last traded at €1,638.50, with a volume of 217,832 shares.

Rheinmetall Trading Down 5.6%

The company has a debt-to-equity ratio of 52.01, a current ratio of 1.14 and a quick ratio of 0.57. The firm has a fifty day simple moving average of €1,718.79 and a two-hundred day simple moving average of €1,720.17. The firm has a market capitalization of $69.47 billion, a P/E ratio of 122.29, a price-to-earnings-growth ratio of 0.39 and a beta of 0.40.

Rheinmetall Company Profile

(Get Free Report)

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and munition, protection systems, propellants and international projects and services.

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