OHB (ETR:OHB) Trading 1.4% Higher – Here’s Why

OHB SE (ETR:OHB) was up 1.4% during mid-day trading on Tuesday . The company traded as high as €58.00 ($60.42) and last traded at €58.00 ($60.42). Approximately 341 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 28,740 shares. The stock had previously closed at €57.20 ($59.58).

OHB Trading Up 1.4 %

The firm has a market cap of $1.11 billion, a PE ratio of 16.16, a PEG ratio of 1.13 and a beta of 0.70. The company has a debt-to-equity ratio of 77.32, a current ratio of 1.38 and a quick ratio of 1.12. The stock’s fifty day simple moving average is €49.28 and its 200-day simple moving average is €46.39.

OHB Company Profile

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.