OHB (ETR:OHB) Shares Up 12.9% - Here's What Happened

OHB SE (ETR:OHB - Get Free Report)'s stock price rose 12.9% during trading on Tuesday . The company traded as high as €72.60 ($82.50) and last traded at €72.00 ($81.82). Approximately 12,124 shares were traded during trading, a decline of 58% from the average daily volume of 28,740 shares. The stock had previously closed at €63.80 ($72.50).

OHB Trading Up 1.9%

The company has a market cap of $1.52 billion, a price-to-earnings ratio of 21.89, a price-to-earnings-growth ratio of 1.13 and a beta of 0.70. The business's fifty day moving average price is €70.19 and its 200 day moving average price is €60.58. The company has a debt-to-equity ratio of 9.31, a current ratio of 1.36 and a quick ratio of 1.12.

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.