MTU Aero Engines (OTCMKTS:MTUAY) Stock Price Down 0.8% - Here's What Happened

Key Points

• MTU Aero Engines shares fell by 0.8% during trading, closing at $221.44, and saw a significant trading volume drop of 28% from the average daily volume.
• Analysts have generally favorable ratings for the stock, with Deutsche Bank maintaining a "buy" rating and Kepler Capital Markets upgrading it to "strong-buy," resulting in an average rating of "Strong Buy."
• The company reported an EPS of $2.71 and revenue of $2.37 billion for the last quarter, predicting a total EPS of 8.69 for the current fiscal year.

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report)'s share price traded down 0.8% during trading on Monday . The company traded as low as $221.44 and last traded at $221.44. 4,706 shares changed hands during mid-day trading, a decline of 28% from the average session volume of 6,576 shares. The stock had previously closed at $223.18.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of MTU Aero Engines in a research note on Thursday, August 14th. Two investment analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company. According to MarketBeat, MTU Aero Engines presently has a consensus rating of "Strong Buy".

MTU Aero Engines Trading Down 0.2%

The company has a market cap of $24.01 billion, a price-to-earnings ratio of 25.76 and a beta of 1.33. The business's 50 day moving average price is $220.94 and its 200-day moving average price is $194.00. The company has a current ratio of 1.39, a quick ratio of 1.04 and a debt-to-equity ratio of 0.58.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its earnings results on Thursday, July 24th. The company reported $2.71 EPS for the quarter. The company had revenue of $2.37 billion for the quarter. MTU Aero Engines had a return on equity of 24.07% and a net margin of 10.60%. On average, equities 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).