MTU Aero Engines (OTCMKTS:MTUAY) Sees Strong Trading Volume - Should You Buy?

Key Points

• MTU Aero Engines experienced a significant increase in trading volume, reaching 32,278 shares—up 233% from the previous session.
• Analysts have mixed opinions on the stock, with a consensus rating of "Buy", but UBS has recently downgraded it from "strong-buy" to "hold."
• The company reported earnings of $2.71 per share and revenue of $2.37 billion for the last quarter, indicating a net margin of 10.60%.

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 32,278 shares changed hands during mid-day trading, an increase of 233% from the previous session's volume of 9,698 shares.The stock last traded at $212.14 and had previously closed at $212.30.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on MTUAY. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of MTU Aero Engines in a report on Thursday, August 14th. UBS Group downgraded shares of MTU Aero Engines from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 4th. Two research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy".

MTU Aero Engines Trading Up 1.3%

The stock has a fifty day moving average of $220.29 and a 200 day moving average of $197.82. 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 company has a market capitalization of $23.16 billion, a P/E ratio of 24.84 and a beta of 1.34.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last released 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 company had revenue of $2.37 billion for the quarter. As a group, equities research analysts anticipate that MTU Aero Engines AG will post 8.69 EPS for the current fiscal year.

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).

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