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Share price: Rheinmetall shares are on the rise
Find out why Rheinmetall shares have recovered strongly and overtaken several DAX companies. Current stock market analysis and outlook. As of: April 12, 2024. Reading time: 2 minutes.
Share price: Rheinmetall shares are on the rise
The Rheinmetall share recorded an upward movement of 2.10 percent, which catapulted it to the top of the DAX. The current value of the defense company is 544.00 euros, a significant increase compared to the closing price of the previous trading day of 532.80 euros. This positive development breaks the unclear trend of the last few days and gives hope for further potential gains in the coming trading days.
With an increase of 2.10%, the Rheinmetall share is currently in third place in the DAX, which has risen by a total of 0.40%. The trading volume amounted to 338,753 shares traded shortly before the close of trading, while a total of 368,968 securities changed hands on the previous trading day.
Despite a difference of 4.86 percent to the 52-week high of EUR 571.80, the share is still on a positive price path. The 52-week low was reached at 226.50 euros. Rheinmetall is one of the lightweights in the DAX, with a share of 1.30% in the stock market valuation. The company's current market value is 23.11 billion euros.
In the financial year ended December 2022, Rheinmetall achieved sales of 6.40 billion euros and a profit of 0.75 billion euros. The company employed around 24,753 people worldwide at the end of 2022. SAP currently holds the highest value in the Dax with a market capitalization of 199.85 billion euros. The present data comes from EOD Historical Data, as of Friday, April 12, 2024, 4:03 p.m.