MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Down 83.3% in February

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 100 shares, a decline of 83.3% from the January 31st total of 600 shares. Based on an average daily trading volume, of 15,400 shares, the short-interest ratio is currently 0.0 days.

MTU Aero Engines Stock Performance

Shares of MTUAY traded up $5.99 during midday trading on Friday, reaching $173.61. 12,437 shares of the stock were exchanged, compared to its average volume of 8,106. The business’s 50-day moving average price is $169.38 and its 200 day moving average price is $163.24. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86. MTU Aero Engines has a twelve month low of $112.22 and a twelve month high of $182.65. The company has a market capitalization of $18.69 billion, a price-to-earnings ratio of 27.47 and a beta of 1.44.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its earnings results on Wednesday, February 19th. The company reported $2.16 EPS for the quarter, topping analysts’ consensus estimates of $2.04 by $0.12. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. The business had revenue of $2.27 billion for the quarter. On average, sell-side analysts expect that MTU Aero Engines will post 8.69 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

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

MTU Aero Engines Company Profile

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).