Rheinmetall (OTCMKTS:RNMBY) Shares Up 1.8% – Time to Buy?

Rheinmetall AG (OTCMKTS:RNMBYGet Free Report) shares shot up 1.8% during trading on Monday . The stock traded as high as $123.68 and last traded at $123.52. 11,869 shares were traded during mid-day trading, a decline of 46% from the average session volume of 22,138 shares. The stock had previously closed at $121.38.

Rheinmetall Trading Up 1.8 %

The stock’s 50-day simple moving average is $109.87 and its two-hundred day simple moving average is $111.27.

Rheinmetall Company Profile

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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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