Shares of Rheinmetall AG (OTCMKTS:RNMBY – Get Free Report) shot up 12.6% during mid-day trading on Tuesday . The company traded as high as $195.42 and last traded at $194.71. 204,873 shares traded hands during trading, an increase of 185% from the average session volume of 71,828 shares. The stock had previously closed at $172.91.
Rheinmetall Trading Up 12.6 %
The firm has a 50-day simple moving average of $140.36 and a 200-day simple moving average of $124.25.
Rheinmetall Company Profile
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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