OHB (ETR:OHB) Trading Down 7.8% – Time to Sell?

OHB SE (ETR:OHB) fell 7.8% during mid-day trading on Tuesday . The company traded as low as €69.80 ($75.05) and last traded at €70.80 ($76.13). 17,052 shares were traded during mid-day trading, a decline of 41% from the average session volume of 28,740 shares. The stock had previously closed at €76.80 ($82.58).

OHB Stock Performance

The company has a quick ratio of 1.12, a current ratio of 1.36 and a debt-to-equity ratio of 9.31. The stock has a 50 day simple moving average of €62.91 and a 200 day simple moving average of €51.93. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 20.29, a P/E/G ratio of 1.13 and a beta of 0.70.

About OHB

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.