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

MTU Aero Engines AG (ETR:MTXGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as €287.50 ($315.93) and last traded at €286.00 ($314.29), with a volume of 115898 shares trading hands. The stock had previously closed at €285.20 ($313.41).

MTU Aero Engines Stock Up 0.3 %

The business’s 50 day moving average is €270.72 and its 200-day moving average is €246.19. The stock has a market cap of $15.38 billion, a price-to-earnings ratio of -213.43, a PEG ratio of 1.34 and a beta of 1.48. The company has a debt-to-equity ratio of 53.51, a quick ratio of 0.90 and a current ratio of 1.18.

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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