OHB (ETR:OHB) Shares Down 7.8% – Should You Sell?

OHB SE (ETR:OHB) shares were down 7.8% during mid-day trading on Tuesday . The company traded as low as €69.80 ($75.05) and last traded at €70.80 ($76.13). Approximately 17,052 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 28,740 shares. The stock had previously closed at €76.80 ($82.58).

OHB Price Performance

The firm has a market cap of $1.41 billion, a PE ratio of 20.18, a price-to-earnings-growth ratio of 1.13 and a beta of 0.70. The company has a debt-to-equity ratio of 9.31, a current ratio of 1.36 and a quick ratio of 1.12. The firm has a 50-day simple moving average of €62.48 and a 200 day simple moving average of €51.76.

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.