Shares of OHB SE (ETR:OHB – Get Free Report) dropped 13.3% during mid-day trading on Thursday . The stock traded as low as €378.00 and last traded at €380.00. Approximately 18,957 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 28,740 shares. The stock had previously closed at €438.50.
OHB Stock Up 10.2%
The firm’s 50-day simple moving average is €377.83 and its 200 day simple moving average is €261.03. The company has a debt-to-equity ratio of 62.40, a quick ratio of 1.12 and a current ratio of 1.33. The stock has a market capitalization of $8.05 billion, a P/E ratio of 115.57, a PEG ratio of 1.13 and a beta of 0.85.
About OHB
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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