Previous close | 489.80 |
Open | 488.80 |
Bid | 480.00 x 0 |
Ask | 493.00 x 0 |
Day's range | 488.80 - 488.80 |
52-week range | 227.75 - 561.10 |
Volume | |
Avg. volume | 100 |
Market cap | 21.222B |
Beta (5Y monthly) | 0.70 |
PE ratio (TTM) | 37.95 |
EPS (TTM) | 12.88 |
Earnings date | 08 Aug 2024 |
Forward dividend & yield | 5.70 (1.16%) |
Ex-dividend date | 15 May 2024 |
1y target est | N/A |
German autos supplier Continental is working with Rheinmetall to offer job opportunities for Continental workers at the arms maker, a sign of rising labour demand in defence even as other industries wind down personnel. The agreement will allow up to 100 employees from Continental's Gifhorn plant in Germany, which is closing due to rising costs, to find new jobs at Rheinmetall, the companies said on Friday. The companies will also organise events for Continental workers at other locations.
German Economy Minister Robert Habeck said on Wednesday that armsmaker Rheinmetall's sponsorship of soccer club Borussia Dortmund (BVB) was an unusual move which "shows where we stand". Ignoring the arms industry is no longer tenable in Germany due to the new reality, Habeck, also vice-chancellor, said after a government meeting. Rheinmetall's logo will replace that of telecom provider 1&1 as the armsmaker entered a three-year multi-million sponsorship agreement with BVB on Tuesday.
Most readers would already be aware that Rheinmetall's (ETR:RHM) stock increased significantly by 32% over the past...