Rheinmetall (ETR:RHM) Stock Price Up 4% – Here’s What Happened

Rheinmetall AG (ETR:RHMGet Free Report) traded up 4% on Friday . The stock traded as high as €757.80 ($797.68) and last traded at €757.00 ($796.84). 810,382 shares traded hands during trading, an increase of 406% from the average session volume of 160,244 shares. The stock had previously closed at €728.00 ($766.32).

Rheinmetall Price Performance

The firm has a market capitalization of $36.69 billion, a PE ratio of 64.58, a P/E/G ratio of 0.39 and a beta of 0.70. The business has a 50-day simple moving average of €668.20 and a 200-day simple moving average of €576.12.

Rheinmetall Company Profile

(Get Free Report)

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles.

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