MTU Aero Engines (ETR:MTX) Stock Price Up 0.5% – Time to Buy?

MTU Aero Engines AG (ETR:MTX)’s share price rose 0.5% during trading on Wednesday . The company traded as high as €355.30 and last traded at €355.30. Approximately 58,267 shares were traded during trading, a decline of 67% from the average daily volume of 178,994 shares. The stock had previously closed at €353.40.

MTU Aero Engines Trading Up 0.5%

The company has a debt-to-equity ratio of 54.76, a current ratio of 1.18 and a quick ratio of 0.90. The business has a 50-day moving average of €359.47 and a 200-day moving average of €369.80. The firm has a market cap of $19.10 billion, a price-to-earnings ratio of -31.10, a P/E/G ratio of 1.34 and a beta of 1.49.

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.