Rheinmetall (ETR:RHM) Shares Down 0.6% – Time to Sell?

Rheinmetall AG (ETR:RHMGet Free Report)’s stock price dropped 0.6% during mid-day trading on Thursday . The company traded as low as €491.30 ($539.89) and last traded at €499.40 ($548.79). Approximately 167,846 shares changed hands during mid-day trading, an increase of 5% from the average daily volume of 160,244 shares. The stock had previously closed at €502.40 ($552.09).

Rheinmetall Stock Performance

The company has a current ratio of 1.23, a quick ratio of 0.57 and a debt-to-equity ratio of 54.88. The firm’s fifty day moving average price is €515.14 and its two-hundred day moving average price is €514.18. The stock has a market capitalization of $21.68 billion, a PE ratio of 33.95, a price-to-earnings-growth ratio of 0.40 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.

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