MTU Aero Engines (ETR:MTX) Trading 1% Higher – Still a Buy?

MTU Aero Engines AG (ETR:MTX) rose 1% on Friday . The stock traded as high as €305.20 and last traded at €303.00. Approximately 149,308 shares were traded during mid-day trading, a decline of 17% from the average daily volume of 178,994 shares. The stock had previously closed at €300.10.

MTU Aero Engines Trading Up 1.0%

The company has a market cap of $16.29 billion, a PE ratio of -26.53, a PEG ratio of 1.34 and a beta of 0.91. The company has a current ratio of 1.44, a quick ratio of 0.90 and a debt-to-equity ratio of 56.28. The stock has a 50 day moving average price of €340.59 and a 200 day moving average price of €359.21.

MTU Aero Engines Company Profile

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business). The company offers commercial aircraft engines for wide body jets, narrow body and regional jets, business jets, and turboprops; military aircraft engines for fighter jets, helicopters, and transporters; and industrial gas turbines.