Rheinmetall (ETR:RHM) Trading Up 2.2% – Should You Buy?

Rheinmetall AG (ETR:RHMGet Free Report)’s stock price was up 2.2% during trading on Friday . The stock traded as high as €735.40 ($774.11) and last traded at €733.60 ($772.21). Approximately 362,433 shares changed hands during mid-day trading, an increase of 126% from the average daily volume of 160,244 shares. The stock had previously closed at €717.80 ($755.58).

Rheinmetall Stock Performance

The company has a market capitalization of $31.85 billion, a price-to-earnings ratio of 49.97, a PEG ratio of 0.39 and a beta of 0.70. 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 50 day simple moving average of €631.47 and a two-hundred day simple moving average of €550.98.

Rheinmetall Company Profile

(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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