MTU Aero Engines (ETR:MTX) Share Price Passes Above 200-Day Moving Average – What’s Next?

MTU Aero Engines AG (ETR:MTXGet Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €307.57 ($330.72) and traded as high as €351.10 ($377.53). MTU Aero Engines shares last traded at €338.30 ($363.76), with a volume of 286,496 shares changing hands.

MTU Aero Engines Stock Up 3.9 %

The firm has a market capitalization of $18.89 billion, a PE ratio of -30.76, a P/E/G ratio of 1.34 and a beta of 1.49. The company has a debt-to-equity ratio of 54.76, a current ratio of 1.18 and a quick ratio of 0.90. The company has a 50-day moving average price of €327.17 and a 200 day moving average price of €307.57.

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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