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OHB (ETR:OHB) Shares Up 1.6% - Here's Why

OHB logo with Industrials background

OHB SE (ETR:OHB - Get Free Report) rose 1.6% during trading on Tuesday . The company traded as high as €75.80 ($86.14) and last traded at €74.00 ($84.09). Approximately 3,916 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 28,740 shares. The stock had previously closed at €72.80 ($82.73).

OHB Stock Performance

The company has a market cap of $1.45 billion, a PE ratio of 20.75, a PEG ratio of 1.13 and a beta of 0.70. The company has a debt-to-equity ratio of 9.31, a quick ratio of 1.12 and a current ratio of 1.36. The firm's 50 day moving average is €69.65 and its 200-day moving average is €55.32.

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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