MTU Aero Engines (OTCMKTS:MTUAY) Shares Up 0.4% – What’s Next?

Shares of MTU Aero Engines AG (OTCMKTS:MTUAY) were up 0.4% during trading on Tuesday . The company traded as high as $171.56 and last traded at $171.31. Approximately 8,881 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 8,418 shares. The stock had previously closed at $170.70.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 11th.

MTU Aero Engines Stock Up 0.4 %

The stock’s fifty day simple moving average is $169.31 and its 200-day simple moving average is $160.90. The stock has a market cap of $18.44 billion, a P/E ratio of 24.20 and a beta of 1.44. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18.

About MTU Aero Engines

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, marketing, and maintenance of commercial and military aircraft engines, and aero-derivative industrial gas turbines in Germany, other European countries, North America, Asia, and internationally. It operates through two segments: Original Equipment Manufacturing (OEM Business); and Maintenance, Repair, and Overhaul (MRO Business).