MTU Aero Engines (ETR:MTX) Stock Price 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.

MTU Aero Engines AG (ETR:MTX - Get Free Report)'s stock price fell 1% on Wednesday . The company traded as low as €355.40 ($418.12) and last traded at €356.70 ($419.65). 107,048 shares were traded during mid-day 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 Price Performance

The firm has a market cap of $19.30 billion, a PE ratio of -31.44, a P/E/G ratio of 1.34 and a beta of 1.49. The company has a debt-to-equity ratio of 54.76, a current ratio of 1.18 and a quick ratio of 0.90. The business's fifty day moving average is €375.99 and its 200-day moving average is €346.48.

About MTU Aero Engines

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).