OHB (ETR:OHB) Shares Down 2.4% – Here’s Why

OHB SE (ETR:OHB)’s stock price traded down 2.4% during mid-day trading on Monday . The stock traded as low as €44.80 ($48.70) and last traded at €44.80 ($48.70). 805 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 28,740 shares. The stock had previously closed at €45.90 ($49.89).

OHB Price Performance

The company has a debt-to-equity ratio of 77.32, a current ratio of 1.38 and a quick ratio of 1.12. The company’s 50-day simple moving average is €44.41 and its 200-day simple moving average is €43.87. The company has a market cap of $857.92 million, a price-to-earnings ratio of 12.48, a P/E/G ratio of 1.13 and a beta of 0.70.

OHB Company Profile

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.