Rheinmetall (ETR:RHM) Trading Down 0.6% – Here’s What Happened

Rheinmetall AG (ETR:RHMGet Free Report) shares were down 0.6% on Thursday . The company traded as low as €478.30 ($519.89) and last traded at €485.70 ($527.93). Approximately 169,895 shares traded hands during mid-day trading, an increase of 6% from the average daily volume of 160,244 shares. The stock had previously closed at €488.70 ($531.20).

Rheinmetall Price Performance

The stock’s fifty day moving average is €505.11 and its 200-day moving average is €510.77. The company has a debt-to-equity ratio of 54.88, a current ratio of 1.23 and a quick ratio of 0.57. The stock has a market capitalization of $21.09 billion, a P/E ratio of 33.09, a PEG ratio of 0.39 and a beta of 0.70.

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.

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