MTU Aero Engines AG (OTCMKTS:MTUAY) Sees Large Decline in Short Interest

MTU Aero Engines AG (OTCMKTS:MTUAY) was the recipient of a large drop in short interest in December. As of December 31st, there was short interest totalling 700 shares, a drop of 56.3% from the December 15th total of 1,600 shares. Based on an average daily trading volume, of 9,100 shares, the days-to-cover ratio is presently 0.1 days.

MTU Aero Engines Trading Down 0.2 %

OTCMKTS:MTUAY opened at $166.46 on Thursday. The company has a current ratio of 1.18, a quick ratio of 0.86 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $17.92 billion, a PE ratio of 23.51 and a beta of 1.44. The firm’s 50 day moving average is $166.97 and its 200 day moving average is $155.85. MTU Aero Engines has a 12 month low of $110.50 and a 12 month high of $172.71.

MTU Aero Engines (OTCMKTS:MTUAY) last posted its quarterly earnings results on Thursday, October 24th. The company reported $2.02 EPS for the quarter. MTU Aero Engines had a net margin of 10.16% and a return on equity of 23.13%. The company had revenue of $2.08 billion for the quarter. Sell-side analysts expect that MTU Aero Engines will post 7.39 earnings per share for the current year.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised shares of MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a report on Monday, November 11th.

MTU Aero Engines Company Profile

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).