MTU Aero Engines (ETR:MTX) Shares Down 1% - Time to Sell?

Key Points

• MTU Aero Engines' share price decreased by 1%, trading at €356.70 ($419.65), with a significant drop in trading volume by 40% compared to its average.
• The company's market capitalization stands at $19.17 billion, with a debt-to-equity ratio of 54.76 and a PE ratio of -31.23.
• MTU Aero Engines operates in the development, manufacturing, and maintenance of aircraft engines and gas turbines across various international markets.

Shares of MTU Aero Engines AG (ETR:MTX - Get Free Report) traded down 1% during trading on Wednesday . The stock traded as low as €355.40 ($418.12) and last traded at €356.70 ($419.65). 107,048 shares traded hands during trading, a decline of 40% from the average session volume of 178,994 shares. The stock had previously closed at €360.40 ($424.00).

MTU Aero Engines Trading Up 1.3%

The company has a debt-to-equity ratio of 54.76, a quick ratio of 0.90 and a current ratio of 1.18. The stock has a market cap of $19.37 billion, a price-to-earnings ratio of -31.55, a price-to-earnings-growth ratio of 1.34 and a beta of 1.49. The company's 50 day simple moving average is €375.99 and its two-hundred day simple moving average is €346.48.

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).