Rheinmetall (OTCMKTS:RNMBY) Now Covered by Morgan Stanley

Investment analysts at Morgan Stanley started coverage on shares of Rheinmetall (OTCMKTS:RNMBY) in a note issued to investors on Wednesday, MarketBeat reports. The firm set an “overweight” rating on the stock.

Rheinmetall Stock Performance

RNMBY stock opened at $109.24 on Wednesday. Rheinmetall has a 1 year low of $48.50 and a 1 year high of $121.85. The business has a 50 day simple moving average of $110.95 and a 200-day simple moving average of $95.44.

About Rheinmetall

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.