Short Interest in MTU Aero Engines AG (OTCMKTS:MTUAY) Decreases By 83.3%

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 volume of 15,400 shares, the days-to-cover ratio is currently 0.0 days.

MTU Aero Engines Stock Performance

Shares of MTUAY stock opened at $167.62 on Friday. The firm’s 50 day moving average price is $169.26 and its 200-day moving average price is $163.02. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18. MTU Aero Engines has a one year low of $112.22 and a one year high of $182.65. The firm has a market cap of $18.04 billion, a P/E ratio of 26.52 and a beta of 1.44.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $2.16 EPS for the quarter, topping the consensus estimate of $2.04 by $0.12. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%. The firm had revenue of $2.27 billion for the quarter. As a group, equities research analysts predict that MTU Aero Engines will post 8.69 EPS for the current year.

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 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).