MTU Aero Engines (ETR:MTX) Shares Down 1.4% - Here's Why

MTU Aero Engines AG (ETR:MTX - Get Free Report) shares were down 1.4% on Friday . The stock traded as low as €378.00 ($439.53) and last traded at €378.70 ($440.35). Approximately 141,543 shares changed hands during mid-day trading, a decline of 21% from the average daily volume of 178,994 shares. The stock had previously closed at €384.00 ($446.51).

MTU Aero Engines Stock Up 0.2%

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 $20.63 billion, a price-to-earnings ratio of -33.59, a PEG ratio of 1.34 and a beta of 1.49. The firm's 50-day simple moving average is €352.18 and its two-hundred day simple moving average is €329.67.

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).