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OHB (ETR:OHB) Trading Down 7.8% - What's Next?

OHB logo with Industrials background
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OHB SE (ETR:OHB - Get Free Report)'s share price was down 7.8% during trading on Tuesday . The stock traded as low as €69.80 ($75.87) and last traded at €70.80 ($76.96). Approximately 17,052 shares were traded during trading, a decline of 41% from the average daily volume of 28,740 shares. The stock had previously closed at €76.80 ($83.48).

OHB Stock Up 1.1 %

The company's 50 day simple moving average is €63.82 and its 200-day simple moving average is €52.30. The firm has a market cap of $1.41 billion, a P/E ratio of 20.24, a PEG ratio of 1.13 and a beta of 0.70. The company has a current ratio of 1.36, a quick ratio of 1.12 and a debt-to-equity ratio of 9.31.

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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