MTU Aero Engines AG

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MTU Aero Engines AG (MTX) Price Performance

MTU Aero Engines AG (MTX) trades on XETRA (Frankfurt) in EUR. The company is classified in the Industrials sector under the Aerospace & Defense industry. The stock currently trades at EUR346.10, up 5.13% from the previous close.

Over the past year, MTX has traded between a low of EUR267.39 and a high of EUR402.00. The stock has gained 29.4% over this period. It is currently 13.9% below its 52-week high.

MTU Aero Engines AG has a market capitalization of $17.64B, with a price-to-earnings ratio of 17.33 and a dividend yield of 1.09%.

About MTU Aero Engines AG

MTU Aero Engines AG, together with its subsidiaries, engages in the development, manufacture, sale, 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 Business; and Maintenance, Repair, and Overhaul Business. The company offers commercial aircraft engines for wide body aircraft, narrow body, regional jets, helicopters, business jets, and turboprops; military aircraft engines for fighter jets, helicopters, and transporters; and industrial gas turbines. It also maintains, repairs, and overhauls commercial and military engines; and manufactures and markets various spare parts. The company was formerly known as MTU Aero Engines Holding AG and changed its name to MTU Aero Engines AG in May 2013. MTU Aero Engines AG was founded in 1913 and is headquartered in Munich, Germany.