OHB (ETR:OHB) Sets New 52-Week High – Here’s Why

Shares of OHB SE (ETR:OHBGet Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as €47.30 ($49.79) and last traded at €46.60 ($49.05), with a volume of 100 shares changing hands. The stock had previously closed at €46.40 ($48.84).

OHB Trading Up 0.9 %

The company’s 50-day simple moving average is €45.48 and its 200 day simple moving average is €44.43. The company has a quick ratio of 1.12, a current ratio of 1.38 and a debt-to-equity ratio of 77.32. The firm has a market capitalization of $896.22 million, a PE ratio of 12.98, a price-to-earnings-growth ratio of 1.13 and a beta of 0.70.

OHB Company Profile

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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.

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