OHB (ETR:OHB) Shares Down 1.3% - Here's Why

OHB SE (ETR:OHB - Get Free Report) was down 1.3% on Monday . The stock traded as low as €76.40 ($88.84) and last traded at €77.00 ($89.53). Approximately 395 shares were traded during trading, a decline of 99% from the average daily volume of 28,740 shares. The stock had previously closed at €78.00 ($90.70).

OHB Stock Down 2.5%

The firm's fifty day moving average price is €72.58 and its two-hundred day moving average price is €66.86. The stock has a market cap of $1.41 billion, a price-to-earnings ratio of 20.24, a price-to-earnings-growth ratio of 1.13 and a beta of 0.70. The company has a debt-to-equity ratio of 9.31, a current ratio of 1.36 and a quick ratio of 1.12.

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.