OHB (ETR:OHB) Hits New 12-Month High – Here’s Why

OHB SE (ETR:OHBGet Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as €46.40 ($49.36) and last traded at €45.90 ($48.83), with a volume of 822 shares. The stock had previously closed at €46.40 ($49.36).

OHB Price Performance

The company has a fifty day simple moving average of €44.97 and a 200-day simple moving average of €44.16. The company has a market cap of $886.65 million, a P/E ratio of 12.90, a PEG ratio of 1.13 and a beta of 0.70. The company has a debt-to-equity ratio of 77.32, a current ratio of 1.38 and a quick ratio of 1.12.

OHB Company Profile

(Get Free Report)

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.

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