Rheinmetall’s shares have surged by 3.60%, placing the defense company’s stock in the top third of the DAX index.
Currently, the stock is priced at 530.00 euros, compared to the previous closing price of 511.60 euros. This rise follows a series of positive days for Rheinmetall, and it remains to be seen whether this upward trend will continue.
Rheinmetall is at the top of the DAX today with a 3.60% increase, while the overall index has moved up by 0.12%.
The trading volume for the stock currently stands at 273,484 shares. On the previous trading day, a total of 353,609 shares were traded.
The stock is 6.29% below its 52-week high of 565.55 euros and has a 52-week low of 224.02 euros.
Rheinmetall’s position in the DAX is not only due to its 25,344 employees (as of 2022) but also because of its market capitalization of 22.21 billion euros, giving it a 1.32% weighting in the DAX calculation. For comparison, SAP currently holds the highest market value in the DAX at 219.63 billion euros. In the fiscal year ending December 2022, Rheinmetall reported revenues of 6.40 billion euros and a profit of 0.75 billion euros.
This article was automatically generated. The data analyzed and evaluated in this stock report comes from EOD Historical Data provided by digitaldaily. The stock data may be delayed.
