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Rheinmetall (ETR:RHM) Trading 2.6% Higher - Should You Buy?

Rheinmetall logo with Industrials background
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Rheinmetall AG (ETR:RHM - Get Free Report) shares were up 2.6% during mid-day trading on Thursday . The company traded as high as €1,369.50 ($1,488.59) and last traded at €1,353.50 ($1,471.20). Approximately 362,451 shares traded hands during trading, an increase of 126% from the average daily volume of 160,244 shares. The stock had previously closed at €1,319.50 ($1,434.24).

Rheinmetall Price Performance

The company has a market capitalization of $58.83 billion, a price-to-earnings ratio of 103.55, a PEG ratio of 0.39 and a beta of 0.70. The company's 50-day moving average price is €981.09 and its two-hundred day moving average price is €705.99.

About Rheinmetall

(Get Free Report)

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.

Further Reading

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