MTU Aero Engines (OTCMKTS:MTUAY) Shares Up 0.9% - Here's What Happened

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report)'s stock price traded up 0.9% during mid-day trading on Tuesday . The stock traded as high as $155.55 and last traded at $155.11. 9,391 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 11,479 shares. The stock had previously closed at $153.75.

MTU Aero Engines Trading Up 4.7 %

The company has a fifty day simple moving average of $169.35 and a two-hundred day simple moving average of $168.67. The company has a quick ratio of 0.86, a current ratio of 1.18 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $17.89 billion, a P/E ratio of 26.30 and a beta of 1.12.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last posted its earnings results on Wednesday, February 19th. The company reported $2.16 earnings per share for the quarter, topping the consensus estimate of $2.04 by $0.12. The firm had revenue of $2.27 billion for the quarter. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. On average, sell-side analysts expect that MTU Aero Engines AG will post 8.69 earnings per share 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).