WashTec (ETR:WSU) Shares Up 1.8% – Here’s What Happened

WashTec AG (ETR:WSU)’s stock price rose 1.8% during mid-day trading on Monday . The stock traded as high as €39.90 ($43.37) and last traded at €39.80 ($43.26). Approximately 2,542 shares were traded during trading, a decline of 92% from the average daily volume of 30,458 shares. The stock had previously closed at €39.10 ($42.50).

WashTec Trading Up 1.8 %

The business has a 50-day moving average of €37.17 and a 200-day moving average of €38.20. The company has a quick ratio of 0.52, a current ratio of 0.92 and a debt-to-equity ratio of 111.15. The stock has a market cap of $532.52 million, a price-to-earnings ratio of 18.34, a PEG ratio of 1.63 and a beta of 0.86.

WashTec Company Profile

WashTec AG provides solutions for car wash in Germany, Europe, North America, and the Asia Pacific. The company offers gantry carwashes, self-service, and commercial vehicle wash equipment, as well as conveyor tunnel systems. It also provides water recovery systems; full maintenance; on-call service agreements; service projects and upgrades; spare parts; and digital solutions.