Rheinmetall (ETR:RHM) Trading Down 1.5% - Should You Sell?

Key Points

• Rheinmetall AG shares dropped 1.5% on Friday, trading as low as €1,896.50 ($2,205.23) and closing at €1,904.00 ($2,213.95).
• The company's market capitalization stands at $85.51 billion with a high PE ratio of 150.51 and a price-to-earnings-growth ratio of 0.39.
• Rheinmetall operates in five segments including Vehicle Systems and Weapon and Ammunition, providing mobility and security technologies worldwide.

Rheinmetall AG (ETR:RHM - ) shares dropped 1.5% during trading on Friday . The stock traded as low as €1,896.50 ($2,205.23) and last traded at €1,904.00 ($2,213.95). Approximately 142,904 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 160,244 shares. The stock had previously closed at €1,933.50 ($2,248.26).

Rheinmetall Stock Down 1.5%

The company's fifty day simple moving average is €1,785.04 and its 200 day simple moving average is €1,689.67. The firm has a market capitalization of $85.51 billion, a PE ratio of 150.51, a price-to-earnings-growth ratio of 0.39 and a beta of 0.70.

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.

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