OHB (ETR:OHB) Shares Down 13.3% – What’s Next?

OHB SE (ETR:OHB) was down 13.3% on Thursday . The stock traded as low as €378.00 and last traded at €380.00. 18,957 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 28,740 shares. The stock had previously closed at €438.50.

OHB Price Performance

The company has a quick ratio of 1.12, a current ratio of 1.33 and a debt-to-equity ratio of 62.40. The firm has a market cap of $7.54 billion, a PE ratio of 108.30, a price-to-earnings-growth ratio of 1.13 and a beta of 0.76. The stock has a 50 day moving average price of €376.07 and a two-hundred day moving average price of €260.27.

OHB Company Profile

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.