Rheinmetall (ETR:RHM) Shares Down 1.7% – Here’s Why

Rheinmetall AG (ETR:RHMGet Free Report) traded down 1.7% on Friday . The company traded as low as €598.20 ($616.70) and last traded at €604.00 ($622.68). 248,324 shares were traded during mid-day trading, an increase of 55% from the average session volume of 160,244 shares. The stock had previously closed at €614.60 ($633.61).

Rheinmetall Price Performance

The company has a quick ratio of 0.57, a current ratio of 1.23 and a debt-to-equity ratio of 54.88. The stock’s 50-day moving average price is €586.26 and its 200-day moving average price is €532.79. The company has a market capitalization of $26.23 billion, a price-to-earnings ratio of 41.14, a price-to-earnings-growth 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.

Further Reading

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