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

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.

Shares of MTU Aero Engines AG (ETR:MTX - Get Free Report) were down 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 mid-day 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 Price Performance

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 firm has a market capitalization of $20.52 billion, a price-to-earnings ratio of -33.42, a price-to-earnings-growth ratio of 1.34 and a beta of 1.49. The company has a 50-day moving average of €368.47 and a 200-day moving average of €336.73.

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).