MTU Aero Engines (ETR:MTX) Stock Price Up 0.6% – Time to Buy?

MTU Aero Engines AG (ETR:MTX)’s stock price was up 0.6% during mid-day trading on Tuesday . The stock traded as high as €337.30 and last traded at €335.50. Approximately 129,326 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 178,994 shares. The stock had previously closed at €333.60.

MTU Aero Engines Stock Up 0.6%

The firm has a market cap of $18.03 billion, a price-to-earnings ratio of -29.37, a P/E/G ratio of 1.34 and a beta of 0.91. The firm’s fifty day moving average is €375.07 and its two-hundred day moving average is €369.06. The company has a debt-to-equity ratio of 63.75, a current ratio of 1.39 and a quick ratio of 0.90.

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). The company offers commercial aircraft engines for wide body jets, narrow body and regional jets, business jets, and turboprops; military aircraft engines for fighter jets, helicopters, and transporters; and industrial gas turbines.