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Rheinmetall (ETR:RHM) Shares Up 7.3% - Should You Buy?

Rheinmetall logo with Industrials background

Shares of Rheinmetall AG (ETR:RHM - Get Free Report) rose 7.3% on Friday . The company traded as high as €1,864.50 ($2,193.53) and last traded at €1,864.50 ($2,193.53). Approximately 454,813 shares traded hands during trading, an increase of 184% from the average daily volume of 160,244 shares. The stock had previously closed at €1,738.00 ($2,044.71).

Rheinmetall Price Performance

The stock has a market capitalization of $78.64 billion, a price-to-earnings ratio of 138.41, a PEG ratio of 0.39 and a beta of 0.70. The business's 50-day simple moving average is €1,690.74 and its two-hundred day simple moving average is €1,214.57.

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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