OHB (ETR:OHB) Shares Down 2.7% - Here's What Happened

Key Points

• OHB SE's stock price fell by 2.7% to €65.00 ($75.58) during mid-day trading.
• Approximately 1,920 shares traded hands, marking a significant decline of 93% from the average daily volume of 28,740 shares.
• The company's market capitalization is currently at $1.31 billion, with a price-to-earnings ratio of 18.87.

OHB SE (ETR:OHB - Get Free Report) was down 2.7% during mid-day trading on Tuesday . The stock traded as low as €63.60 ($73.95) and last traded at €65.00 ($75.58). Approximately 1,920 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 28,740 shares. The stock had previously closed at €66.80 ($77.67).

OHB Stock Performance

The stock's 50 day moving average price is €72.80 and its 200 day moving average price is €69.20. The company has a debt-to-equity ratio of 9.31, a quick ratio of 1.12 and a current ratio of 1.36. The company has a market capitalization of $1.31 billion, a P/E ratio of 18.81, a price-to-earnings-growth ratio of 1.13 and a beta of 0.70.

About OHB

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.