MTU Aero Engines (ETR:MTX) Reaches New 1-Year High – Should You Buy?

MTU Aero Engines AG (ETR:MTXGet Free Report) shares reached a new 52-week high on Tuesday . The company traded as high as €327.10 ($340.73) and last traded at €324.40 ($337.92), with a volume of 95939 shares traded. The stock had previously closed at €326.50 ($340.10).

MTU Aero Engines Price Performance

The stock has a market capitalization of $17.37 billion, a P/E ratio of -241.12, a price-to-earnings-growth ratio of 1.34 and a beta of 1.49. The business has a fifty day simple moving average of €312.06 and a 200 day simple moving average of €275.84. The company has a current ratio of 1.18, a quick ratio of 0.90 and a debt-to-equity ratio of 53.51.

MTU Aero Engines Company Profile

(Get Free Report)

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).

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