OHB (ETR:OHB) Shares Up 1.9% - Here's What Happened

Key Points

• Shares rose 1.9% mid-day to €262 (intraday high €271) on light volume of about 7,954 shares, down ~72% from the average daily volume of 28,740; prior close was €257.
• OHB has a market capitalization of $5.20 billion with a P/E of 74.67 and PEG of 1.13, notable leverage (debt-to-equity 74.12) and modest liquidity (quick ratio 1.12, current ratio 1.20).
• OHB SE is a German space and technology company operating three segments—Space Systems, Aerospace and Digital—primarily developing small satellites, ISS outfitting and planetary exploration studies.

OHB SE (ETR:OHB - ) rose 1.9% during mid-day trading on Wednesday . The company traded as high as €271.00 and last traded at €262.00. Approximately 7,954 shares traded hands during trading, a decline of 72% from the average daily volume of 28,740 shares. The stock had previously closed at €257.00.

OHB Price Performance

The stock has a market capitalization of $5.20 billion, a P/E ratio of 74.67, a price-to-earnings-growth ratio of 1.13 and a beta of 1.07. The company has a debt-to-equity ratio of 74.12, a quick ratio of 1.12 and a current ratio of 1.20. The firm has a 50-day moving average price of €211.51 and a 200 day moving average price of €139.38.

OHB Company Profile

OHB SE operates as a space and technology company in Germany, rest of Europe, and internationally. The company operates through three segments, Space Systems, Aerospace, and Digital segments. The Space Systems segment focuses on developing and executing space projects. This segment primarily develops and manufactures low-orbiting and geostationary small satellites for navigation, research, communications, and earth and weather observation and reconnaissance, including scientific payloads; undertakes projects for the assembly and outfitting of the International Space Station; and prepares studies and models for exploring solar system, such as the moon, asteroids, and Mars.

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