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Rheinmetall (ETR:RHM) Stock Price Passes Above 200 Day Moving Average - Should You Sell?

Rheinmetall logo with Industrials background

Shares of Rheinmetall AG (ETR:RHM - Get Free Report) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of €613.60 ($666.96) and traded as high as €1,201.00 ($1,305.43). Rheinmetall shares last traded at €1,122.00 ($1,219.57), with a volume of 999,479 shares changing hands.

Rheinmetall Stock Down 7.0 %

The company has a 50-day moving average of €781.24 and a 200-day moving average of €626.48. The company has a market cap of $50.07 billion, a PE ratio of 88.14, a PEG ratio of 0.39 and a beta of 0.70.

Rheinmetall Company Profile

(Get Free Report)

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.

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