Rheinmetall (ETR:RHM) Shares Up 2.3% - Here's What Happened

Key Points

• Shares up 2.3% — Rheinmetall closed at €1,561 on Friday (intra-day high €1,561) with ~98,439 shares traded, about 39% below its average volume; the stock sits below both its 50‑day (€1,612) and 200‑day (€1,721.84) moving averages and carries a market cap of ~$70.1B with a P/E of 123.39.
• Defense and mobility technology provider — Rheinmetall operates five segments (Vehicle Systems, Weapon & Ammunition, Electronic Solutions, Sensors & Actuators, Materials & Trade), supplying armored vehicles, weapons and munitions, electronic solutions, sensors and related materials/services worldwide.

Rheinmetall AG (ETR:RHM - )'s share price rose 2.3% during trading on Friday . The company traded as high as €1,561.00 and last traded at €1,561.00. Approximately 98,439 shares were traded during mid-day trading, a decline of 39% from the average daily volume of 160,244 shares. The stock had previously closed at €1,526.00.

Rheinmetall Stock Performance

The stock has a market cap of $70.10 billion, a PE ratio of 123.39, a P/E/G ratio of 0.39 and a beta of 0.70. The firm's 50-day moving average is €1,612.00 and its 200 day moving average is €1,721.84.

Rheinmetall Company Profile

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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