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Rheinmetall (ETR:RHM) Stock Price Up 2.6% - Still a Buy?

Rheinmetall logo with Industrials background

Rheinmetall AG (ETR:RHM - Get Free Report) shares rose 2.6% during mid-day trading on Thursday . The stock traded as high as €1,369.50 ($1,472.58) and last traded at €1,353.50 ($1,455.38). Approximately 362,451 shares changed hands during trading, an increase of 126% from the average daily volume of 160,244 shares. The stock had previously closed at €1,319.50 ($1,418.82).

Rheinmetall Price Performance

The company has a market cap of $60.81 billion, a P/E ratio of 107.03, a PEG ratio of 0.39 and a beta of 0.70. The stock has a 50-day moving average of €1,005.93 and a 200 day moving average of €717.24.

About Rheinmetall

(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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