OHB (ETR:OHB) Hits New 12-Month High – What’s Next?

OHB SE (ETR:OHB) hit a new 52-week high on Friday . The stock traded as high as €46.50 ($48.95) and last traded at €46.30 ($48.74), with a volume of 709 shares changing hands. The stock had previously closed at €46.20 ($48.63).

OHB Stock Up 0.2 %

The business’s fifty day simple moving average is €45.25 and its 200 day simple moving average is €44.30. The stock has a market cap of $886.65 million, a price-to-earnings ratio of 12.87, a price-to-earnings-growth ratio of 1.13 and a beta of 0.70. The company has a current ratio of 1.38, a quick ratio of 1.12 and a debt-to-equity ratio of 77.32.

OHB Company Profile

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.