Rheinmetall (ETR:RHM) Shares Cross Below 50 Day Moving Average - Here's What Happened

Key Points

• Rheinmetall shares crossed below their 50‑day moving average of €1,718.79, trading as low as €1,560 and last at €1,638.50 on a volume of 217,832 shares.
• The company has a market cap of $69.47 billion and notable valuation/financial metrics, including a PE ratio of 122.29, a PEG of 0.39, debt‑to‑equity of 52.01, and a current ratio of 1.14.
• Rheinmetall is a global provider of mobility and security technologies operating across Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade segments.

Rheinmetall AG (ETR:RHM - )'s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of €1,718.79 and traded as low as €1,560.00. Rheinmetall shares last traded at €1,638.50, with a volume of 217,832 shares.

Rheinmetall Price Performance

The stock has a market cap of $69.47 billion, a PE ratio of 122.29, a P/E/G ratio of 0.39 and a beta of 0.40. The company has a debt-to-equity ratio of 52.01, a quick ratio of 0.57 and a current ratio of 1.14. The business has a 50 day moving average price of €1,718.79 and a two-hundred day moving average price of €1,720.17.

About Rheinmetall

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and munition, protection systems, propellants and international projects and services.

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