Rheinmetall (ETR:RHM) Stock Crosses Below 50 Day Moving Average – Here’s What Happened

Rheinmetall AG (ETR:RHMGet Free Report)’s stock price passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of €1,203.01 and traded as low as €1,048.80. Rheinmetall shares last traded at €1,115.00, with a volume of 377,429 shares traded.

Rheinmetall Price Performance

The company’s fifty day moving average price is €1,203.01 and its 200 day moving average price is €1,482.12. The company has a market capitalization of $49.10 billion, a P/E ratio of 86.43, a PEG ratio of 0.39 and a beta of 0.43. The company has a quick ratio of 0.57, a current ratio of 1.05 and a debt-to-equity ratio of 40.43.

About Rheinmetall

(Get Free Report)

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. The Weapon and Ammunition segment provides firepower and protection solutions, such as weapons and munition, protection systems, propellants and international projects and services.

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