MTU Aero Engines (ETR:MTX) Stock Price Down 1.7% – Here’s What Happened

MTU Aero Engines AG (ETR:MTXGet Free Report) shares traded down 1.7% during mid-day trading on Thursday . The stock traded as low as €335.50 ($360.75) and last traded at €337.80 ($363.23). 113,478 shares traded hands during trading, a decline of 37% from the average session volume of 178,994 shares. The stock had previously closed at €343.70 ($369.57).

MTU Aero Engines Stock Down 1.7 %

The company has a market capitalization of $18.16 billion, a PE ratio of -29.57, a PEG ratio of 1.34 and a beta of 1.49. The company has a current ratio of 1.18, a quick ratio of 0.90 and a debt-to-equity ratio of 54.76. The business has a fifty day moving average of €331.65 and a 200 day moving average of €314.84.

About MTU Aero Engines

(Get Free Report)

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).

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