MTU Aero Engines (ETR:MTX) Shares Down 1.6% – Here’s Why

MTU Aero Engines AG (ETR:MTXGet Free Report)’s share price was down 1.6% on Thursday . The company traded as low as €310.60 ($326.95) and last traded at €311.80 ($328.21). Approximately 108,435 shares were traded during trading, a decline of 39% from the average daily volume of 178,994 shares. The stock had previously closed at €316.80 ($333.47).

MTU Aero Engines Stock Up 3.3 %

The company has a market capitalization of $17.32 billion, a P/E ratio of -240.45, a PEG ratio of 1.34 and a beta of 1.49. The company has a 50 day moving average of €301.55 and a 200-day moving average of €267.34. The company has a debt-to-equity ratio of 53.51, a current ratio of 1.18 and a quick ratio of 0.90.

About MTU Aero Engines

(Get Free Report)

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).

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