MTU Aero Engines (OTCMKTS:MTUAY) Sees Large Volume Increase - Here's What Happened

Key Points

• MTU Aero Engines saw a 142% increase in trading volume with 26,946 shares exchanged, compared to the previous day's volume of 11,155 shares, indicating heightened investor interest.
• Analysts are divided on the stock, with one rating it a Strong Buy, one a Buy, and two assigning a Hold rating, contributing to an average rating of Moderate Buy.
• The company reported $2.71 earnings per share for the last quarter, with expectations of $8.69 EPS for the current year, indicating strong profitability and growth potential.

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) shares saw strong trading volume on Tuesday . 26,946 shares traded hands during mid-day trading, an increase of 142% from the previous session's volume of 11,155 shares.The stock last traded at $214.79 and had previously closed at $214.48.

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of MTU Aero Engines in a research report on Thursday, August 14th. The Goldman Sachs Group assumed coverage on shares of MTU Aero Engines in a research report on Friday. They set a "hold" rating on the stock. Finally, UBS Group lowered shares of MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a research report on Thursday, September 4th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy".

MTU Aero Engines Price Performance

The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.04 and a current ratio of 1.39. The firm has a market cap of $23.19 billion, a price-to-earnings ratio of 24.88 and a beta of 1.34. The company's fifty day moving average is $219.14 and its two-hundred day moving average is $198.81.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its earnings results on Thursday, July 24th. The company reported $2.71 earnings per share for the quarter. MTU Aero Engines had a net margin of 10.60% and a return on equity of 24.07%. The business had revenue of $2.37 billion for the quarter. Equities research analysts forecast that MTU Aero Engines AG will post 8.69 EPS for the current year.

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).

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