MTU Aero Engines (OTCMKTS:MTUAY) Sets New 1-Year High - Here's What Happened

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report)'s share price reached a new 52-week high on Thursday . The stock traded as high as $229.06 and last traded at $228.59, with a volume of 3728 shares. The stock had previously closed at $223.49.

Wall Street Analyst Weigh In

Separately, Kepler Capital Markets upgraded shares of MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th.

MTU Aero Engines Trading Down 6.1%

The business has a 50 day moving average of $208.87 and a two-hundred day moving average of $184.35. The firm has a market cap of $23.10 billion, a P/E ratio of 29.97 and a beta of 1.31. The company has a current ratio of 1.24, a quick ratio of 0.95 and a debt-to-equity ratio of 0.66.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last issued its quarterly earnings data on Thursday, July 24th. The company reported $2.71 earnings per share for the quarter. MTU Aero Engines had a net margin of 9.37% and a return on equity of 25.08%. Analysts predict that MTU Aero Engines AG will post 8.69 earnings per share for the current year.

MTU Aero Engines Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 28th. Stockholders of record on Tuesday, May 13th were issued a dividend of $0.8513 per share. This represents a dividend yield of 0.47%. The ex-dividend date was Monday, May 12th. This is a boost from MTU Aero Engines's previous dividend of $0.75. MTU Aero Engines's payout ratio is currently 11.59%.

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).

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.