Rheinmetall (RNMBY) Expected to Release Earnings on Thursday

by · The Markets Daily

Rheinmetall (OTCMKTS:RNMBY – Get Free Report) is expected to issue its results before the market opens on Thursday, November 5th. Analysts expect Rheinmetall to announce earnings of $1.60 per share and revenue of $3.62 billion for the quarter.

Rheinmetall Stock Performance

RNMBY stock opened at $225.70 on Wednesday. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.00 and a quick ratio of 0.50. The stock has a 50-day moving average price of $232.03 and a two-hundred day moving average price of $296.01. Rheinmetall has a 12-month low of $206.50 and a 12-month high of $450.00.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Berenberg Bank lowered Rheinmetall from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 9th. Zacks Research upgraded Rheinmetall from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 1st. Finally, Royal Bank Of Canada began coverage on shares of Rheinmetall in a research report on Tuesday, August 11th. They set a “moderate buy” rating for the company. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Get Our Latest Stock Analysis on Rheinmetall

About Rheinmetall

(Get Free Report)

Rheinmetall AG (OTCMKTS: RNMBY) is a Germany-based defense technology company that develops and manufactures military equipment, weapons systems and related technologies. Its products include armored vehicles, military trucks, artillery systems, air-defense solutions, ammunition, sensors, electronic systems and military communications technologies.

The company serves armed forces and government customers in Germany and other European countries, as well as international markets. Rheinmetall provides complete defense solutions that can include vehicles, weapon stations, ammunition, command-and-control systems, training and simulation services, and maintenance and support.

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