Rheinmetall (ETR:RHM) Stock Price Up 2.2% – Should You Buy?

Shares of Rheinmetall AG (ETR:RHMGet Free Report) traded up 2.2% during mid-day trading on Friday . The stock traded as high as €735.40 ($774.11) and last traded at €733.60 ($772.21). 362,433 shares were traded during mid-day trading, an increase of 126% from the average session volume of 160,244 shares. The stock had previously closed at €717.80 ($755.58).

Rheinmetall Trading Up 2.2 %

The company has a 50 day moving average of €631.47 and a 200-day moving average of €550.98. The stock has a market cap of $31.85 billion, a price-to-earnings ratio of 49.97, a price-to-earnings-growth ratio of 0.39 and a beta of 0.70. The company has a debt-to-equity ratio of 54.88, a quick ratio of 0.57 and a current ratio of 1.23.

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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