OHB (ETR:OHB) Trading Down 7.8% – Here’s What Happened

OHB SE (ETR:OHB)’s share price fell 7.8% on Tuesday . The company traded as low as €69.80 ($75.05) and last traded at €70.80 ($76.13). 17,052 shares were traded during mid-day trading, a decline of 41% from the average session volume of 28,740 shares. The stock had previously closed at €76.80 ($82.58).

OHB Trading Up 2.0 %

The company has a market capitalization of $1.41 billion, a PE ratio of 20.29, a P/E/G ratio of 1.13 and a beta of 0.70. The company has a debt-to-equity ratio of 9.31, a quick ratio of 1.12 and a current ratio of 1.36. The business has a fifty day moving average price of €62.91 and a 200 day moving average price of €51.93.

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.