Rheinmetall (ETR:RHM) Trading 1.3% Higher – What’s Next?

Rheinmetall AG (ETR:RHMGet Free Report)’s stock price was up 1.3% during trading on Friday . The company traded as high as €634.20 ($667.58) and last traded at €626.80 ($659.79). Approximately 223,440 shares changed hands during mid-day trading, an increase of 39% from the average daily volume of 160,244 shares. The stock had previously closed at €618.80 ($651.37).

Rheinmetall Stock Performance

The company has a market capitalization of $27.22 billion, a P/E ratio of 42.70, a price-to-earnings-growth ratio of 0.39 and a beta of 0.70. The business has a 50 day moving average of €549.13 and a 200 day moving average of €523.10. The company has a quick ratio of 0.57, a current ratio of 1.23 and a debt-to-equity ratio of 54.88.

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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