OHB (ETR:OHB) Trading Down 1.1% – Time to Sell?

Shares of OHB SE (ETR:OHBGet Free Report) traded down 1.1% during mid-day trading on Thursday . The company traded as low as €228.00 and last traded at €232.00. Approximately 11,864 shares changed hands during trading, a decline of 59% from the average daily volume of 28,740 shares. The stock had previously closed at €234.50.

OHB Price Performance

The firm has a market cap of $4.61 billion, a PE ratio of 66.12, a price-to-earnings-growth ratio of 1.13 and a beta of 0.87. The company has a current ratio of 1.33, a quick ratio of 1.12 and a debt-to-equity ratio of 62.40. The company has a 50 day moving average price of €346.45 and a 200 day moving average price of €295.50.

OHB Company Profile

(Get Free Report)

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.

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