MTU Aero Engines AG (OTCMKTS:MTUAY) Short Interest Down 83.3% in February

MTU Aero Engines AG (OTCMKTS:MTUAY) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 100 shares, a drop of 83.3% from the January 31st total of 600 shares. Based on an average daily volume of 15,400 shares, the short-interest ratio is currently 0.0 days.

MTU Aero Engines Stock Performance

Shares of MTUAY stock traded up $0.79 during trading on Thursday, reaching $167.62. The company had a trading volume of 6,153 shares, compared to its average volume of 7,994. The firm’s 50 day simple moving average is $169.26 and its two-hundred day simple moving average is $162.99. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.18 and a quick ratio of 0.86. MTU Aero Engines has a one year low of $112.22 and a one year high of $182.65. The company has a market capitalization of $18.04 billion, a PE ratio of 26.52 and a beta of 1.44.

MTU Aero Engines (OTCMKTS:MTUAY) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $2.16 earnings per share for the quarter, beating analysts’ consensus estimates of $2.04 by $0.12. MTU Aero Engines had a return on equity of 24.62% and a net margin of 8.64%. The business had revenue of $2.27 billion for the quarter. Sell-side analysts forecast that MTU Aero Engines will post 8.69 earnings per share for the current year.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised MTU Aero Engines from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 11th.

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).