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Rheinmetall (ETR:RHM) Shares Up 4% - Still a Buy?

Rheinmetall logo with Industrials background

Rheinmetall AG (ETR:RHM - Get Free Report) was up 4% during mid-day trading on Friday . The stock traded as high as €757.80 ($789.38) and last traded at €757.00 ($788.54). Approximately 810,382 shares were traded during mid-day trading, an increase of 406% from the average daily volume of 160,244 shares. The stock had previously closed at €728.00 ($758.33).

Rheinmetall Trading Up 14.0 %

The firm has a market cap of $41.84 billion, a price-to-earnings ratio of 73.64, a price-to-earnings-growth ratio of 0.39 and a beta of 0.70. The stock has a 50-day moving average of €671.51 and a 200-day moving average of €578.39.

Rheinmetall Company Profile

(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.

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