MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Update

MTU Aero Engines AG (OTCMKTS:MTUAY - Get Free Report) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 1,600 shares, a decline of 55.6% from the March 31st total of 3,600 shares. Based on an average daily trading volume, of 46,400 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Analysts Set New Price Targets

Separately, Kepler Capital Markets raised MTU Aero Engines from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th.

MTU Aero Engines Price Performance

Shares of OTCMKTS:MTUAY traded up $4.15 during midday trading on Friday, hitting $179.99. The company's stock had a trading volume of 6,839 shares, compared to its average volume of 11,106. The company has a market cap of $19.38 billion, a P/E ratio of 28.48 and a beta of 1.12. MTU Aero Engines has a 12-month low of $116.89 and a 12-month high of $191.30. The business's 50 day simple moving average is $170.41 and its 200 day simple moving average is $169.05. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18.

MTU Aero Engines (OTCMKTS:MTUAY - Get Free Report) last released its earnings results on Wednesday, February 19th. The company reported $2.16 earnings per share for the quarter, topping analysts' consensus estimates of $2.04 by $0.12. The business had revenue of $2.27 billion for the quarter. MTU Aero Engines had a net margin of 8.64% and a return on equity of 24.62%. On average, analysts forecast that MTU Aero Engines will post 8.69 EPS for the current year.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).