OHB (ETR:OHB) Sets New 1-Year High – Time to Buy?

Shares of OHB SE (ETR:OHBGet Free Report) hit a new 52-week high during trading on Monday . The company traded as high as €48.90 ($51.47) and last traded at €46.20 ($48.63), with a volume of 2422 shares trading hands. The stock had previously closed at €47.00 ($49.47).

OHB Stock Performance

The company’s fifty day moving average is €45.79 and its 200 day moving average is €44.61. The company has a current ratio of 1.38, a quick ratio of 1.12 and a debt-to-equity ratio of 77.32. The company has a market capitalization of $861.75 million, a P/E ratio of 12.87, a P/E/G ratio of 1.13 and a beta of 0.70.

About OHB

(Get Free Report)

OHB SE operates as a space and technology company in Germany, rest of Europe, and internationally. The company operates through three segments, Space Systems, Aerospace, and Digital segments. The Space Systems segment focuses on developing and executing space projects. This segment primarily develops and manufactures low-orbiting and geostationary small satellites for navigation, research, communications, and earth and weather observation and reconnaissance, including scientific payloads; undertakes projects for the assembly and outfitting of the International Space Station; and prepares studies and models for exploring solar system, such as the moon, asteroids, and Mars.

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