MTU Aero Engines AG (OTCMKTS:MTUAY) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 200 shares, a decline of 89.5% from the November 15th total of 1,900 shares. Based on an average daily volume of 15,200 shares, the days-to-cover ratio is presently 0.0 days.
MTU Aero Engines stock traded down $1.00 during trading hours on Monday, hitting $95.25. The stock had a trading volume of 11,600 shares, compared to its average volume of 3,342. The company has a quick ratio of 0.97, a current ratio of 1.39 and a debt-to-equity ratio of 0.53. MTU Aero Engines has a fifty-two week low of $91.69 and a fifty-two week high of $134.70. The company has a 50-day moving average of $107.32 and a two-hundred day moving average of $116.58. The company has a market cap of $10.18 billion, a PE ratio of 44.72 and a beta of 1.56.
MTUAY has been the subject of several recent analyst reports. Sanford C. Bernstein upgraded MTU Aero Engines from a “market perform” rating to an “outperform” rating in a research note on Wednesday, October 6th. Citigroup upgraded MTU Aero Engines from a “sell” rating to a “neutral” rating in a research note on Tuesday, November 2nd. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of MTU Aero Engines in a research note on Wednesday, November 10th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of MTU Aero Engines in a research note on Monday, November 22nd. Finally, Stifel Nicolaus upgraded MTU Aero Engines from a “hold” rating to a “buy” rating in a research note on Monday, October 25th. Three analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold”.
About MTU Aero Engines
MTU Aero Engines AG is engaged in the development, manufacture and trade of aviation engine and components. It operates its business through the following segments: Original Equipment Manufacturing, and Maintenance, Repair and Overhaul. The Original Equipment Manufacturing segment develops, manufactures, assembles and delivers commercial and military engines and components.
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