MTU Aero Engines (ETR:MTX) Trading Up 0.1% – Here’s What Happened

MTU Aero Engines AG (ETR:MTX)’s stock price was up 0.1% during mid-day trading on Tuesday . The company traded as high as €304.20 and last traded at €302.10. Approximately 188,015 shares changed hands during trading, an increase of 5% from the average daily volume of 178,994 shares. The stock had previously closed at €301.80.

MTU Aero Engines Stock Up 0.1%

The stock has a 50 day moving average price of €305.06 and a 200-day moving average price of €341.96. The stock has a market capitalization of $16.24 billion, a P/E ratio of -26.45, a PEG ratio of 1.34 and a beta of 0.89. The company has a debt-to-equity ratio of 56.28, a current ratio of 1.44 and a quick ratio of 0.90.

About MTU Aero Engines

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.