Free Trial

MTU Aero Engines (ETR:MTX) Stock Price Down 2.7% - Here's What Happened

MTU Aero Engines logo with Industrials background

Key Points

  • MTU Aero Engines AG stock fell by 2.7% to €368.00 ($427.91) during mid-day trading on Monday, down from a previous close of €378.20 ($439.77).
  • The company has a market capitalization of $20.44 billion and a high debt-to-equity ratio of 54.76.
  • MTU Aero Engines specializes in developing, manufacturing, and maintaining commercial and military aircraft engines as well as aero-derivative industrial gas turbines.
  • MarketBeat previews the top five stocks to own by September 1st.

MTU Aero Engines AG (ETR:MTX - Get Free Report) dropped 2.7% during mid-day trading on Monday . The stock traded as low as €362.10 ($421.05) and last traded at €368.00 ($427.91). Approximately 121,515 shares changed hands during trading, a decline of 32% from the average daily volume of 178,994 shares. The stock had previously closed at €378.20 ($439.77).

MTU Aero Engines Stock Performance

The firm has a market capitalization of $20.44 billion, a P/E ratio of -33.28, a price-to-earnings-growth ratio of 1.34 and a beta of 1.49. The company's 50 day moving average is €366.86 and its 200-day moving average is €335.84. The company has a quick ratio of 0.90, a current ratio of 1.18 and a debt-to-equity ratio of 54.76.

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).

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in MTU Aero Engines Right Now?

Before you consider MTU Aero Engines, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and MTU Aero Engines wasn't on the list.

While MTU Aero Engines currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Palantir & AMD Earnings: Massive Options Setups Ahead
3 Value Plays Set to Explode
5 Stocks to BUY NOW in August 2025

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines