MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Update

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 2,300 shares, a growth of 2,200.0% from the October 15th total of 100 shares. Based on an average daily volume of 8,400 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

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

MTU Aero Engines Stock Performance

Shares of MTUAY traded down $0.29 during mid-day trading on Thursday, hitting $163.98. The company’s stock had a trading volume of 6,554 shares, compared to its average volume of 9,547. MTU Aero Engines has a one year low of $97.79 and a one year high of $171.86. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.86 and a current ratio of 1.18. The firm has a market capitalization of $17.65 billion, a PE ratio of 23.16 and a beta of 1.45. The stock’s 50-day moving average is $160.44 and its two-hundred day moving average is $142.43.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its earnings results on Thursday, October 24th. The company reported $2.02 EPS for the quarter. The firm had revenue of $2.08 billion during the quarter. MTU Aero Engines had a return on equity of 23.13% and a net margin of 10.16%. As a group, sell-side analysts anticipate that MTU Aero Engines will post 7.34 EPS for the current year.

MTU Aero Engines Company Profile

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).