MTU Aero Engines (ETR:MTX) Trading Down 7.1% - Should You Sell?

MTU Aero Engines AG (ETR:MTX - Get Free Report)'s share price dropped 7.1% during trading on Tuesday . The stock traded as low as €320.20 ($333.54) and last traded at €325.20 ($338.75). Approximately 135,077 shares changed hands during mid-day trading, a decline of 25% from the average daily volume of 178,994 shares. The stock had previously closed at €349.90 ($364.48).

MTU Aero Engines Stock Performance

The business has a 50 day moving average price of €323.59 and a 200 day moving average price of €295.95. The company has a debt-to-equity ratio of 53.51, a current ratio of 1.18 and a quick ratio of 0.90. The stock has a market capitalization of $17.78 billion, a PE ratio of -246.79, a PEG ratio of 1.34 and a beta of 1.49.

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).