OHB (ETR:OHB) Trading Down 4.4% - Here's What Happened

Key Points

• The stock price of OHB SE fell 4.4% to €65.20 ($75.81) amid a trading volume decline of 92% from the average session.
• OHB has a current ratio of 1.36 and a high debt-to-equity ratio of 9.31, with a market cap of $1.33 billion.
• The company operates in space and technology sectors, focusing on developing small satellites and space project execution.

OHB SE (ETR:OHB - Get Free Report) shares fell 4.4% during mid-day trading on Wednesday . The stock traded as low as €65.20 ($75.81) and last traded at €65.20 ($75.81). 2,367 shares changed hands during mid-day trading, a decline of 92% from the average session volume of 28,740 shares. The stock had previously closed at €68.20 ($79.30).

OHB Stock Up 1.5%

The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 19.10, a PEG ratio of 1.13 and a beta of 0.70. The firm's fifty day moving average is €70.08 and its 200-day moving average is €70.78. 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.