OHB (ETR:OHB) Stock Price Up 1.4% – What’s Next?

Shares of OHB SE (ETR:OHB) rose 1.4% on Tuesday . The stock traded as high as €58.00 ($60.42) and last traded at €58.00 ($60.42). Approximately 341 shares were traded during trading, a decline of 99% from the average daily volume of 28,740 shares. The stock had previously closed at €57.20 ($59.58).

OHB Price Performance

The company has a debt-to-equity ratio of 77.32, a current ratio of 1.38 and a quick ratio of 1.12. The stock has a fifty day simple moving average of €49.28 and a 200-day simple moving average of €46.39. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 16.16, a P/E/G ratio of 1.13 and a beta of 0.70.

About OHB

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.