MTU Aero Engines (OTCMKTS:MTUAY) Trading 0.4% Higher – Should You Buy?

MTU Aero Engines AG (OTCMKTS:MTUAY) traded up 0.4% on Tuesday . The company traded as high as $171.56 and last traded at $171.31. 8,881 shares were traded during trading, an increase of 6% from the average session volume of 8,418 shares. The stock had previously closed at $170.70.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th.

MTU Aero Engines Stock Up 0.4 %

The firm has a 50-day simple moving average of $169.31 and a 200 day simple moving average of $160.90. The stock has a market capitalization of $18.44 billion, a P/E ratio of 24.20 and a beta of 1.44. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86.

About MTU Aero Engines

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).