Rheinmetall (ETR:RHM) Trading Up 2.5% – What’s Next?

Shares of Rheinmetall AG (ETR:RHM) traded up 2.5% during trading on Wednesday . The stock traded as high as €1,456.50 and last traded at €1,444.50. 193,209 shares were traded during trading, an increase of 21% from the average session volume of 160,244 shares. The stock had previously closed at €1,409.50.

Rheinmetall Stock Performance

The stock has a 50 day moving average price of €1,635.00 and a two-hundred day moving average price of €1,698.83. The company has a debt-to-equity ratio of 25.58, a current ratio of 1.20 and a quick ratio of 0.57. The company has a market capitalization of $64.87 billion, a price-to-earnings ratio of 114.18, a price-to-earnings-growth ratio of 0.39 and a beta of 0.35.

About Rheinmetall

Rheinmetall AG provides mobility and security technologies worldwide. The company operates in five segments: Vehicle Systems, Weapon and Ammunition, Electronic Solutions, Sensors and Actuators, and Materials and Trade. The Vehicle Systems segment offers combat, logistics, support, and special vehicles, including armored tracked vehicles, CBRN protection systems, artillery, turret systems, and wheeled logistics and tactical vehicles. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and munition, protection systems, propellants and international projects and services.