OHB (ETR:OHB) Trading Up 1.9% – What’s Next?

OHB SE (ETR:OHB)’s share price shot up 1.9% on Tuesday . The company traded as high as €48.70 ($50.73) and last traded at €48.50 ($50.52). 2,962 shares were traded during mid-day trading, a decline of 90% from the average session volume of 28,740 shares. The stock had previously closed at €47.60 ($49.58).

OHB Stock Up 0.4 %

The firm’s 50-day simple moving average is €47.27 and its 200-day simple moving average is €45.45. The company has a debt-to-equity ratio of 77.32, a quick ratio of 1.12 and a current ratio of 1.38. The company has a market capitalization of $932.61 million, a price-to-earnings ratio of 13.57, a price-to-earnings-growth ratio of 1.13 and a beta of 0.70.

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.