WashTec (ETR:WSU) Trading 1.9% Higher – Should You Buy?

WashTec AG (ETR:WSUGet Free Report)’s share price was up 1.9% during mid-day trading on Friday . The stock traded as high as €48.80 and last traded at €48.60. Approximately 6,505 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 30,458 shares. The stock had previously closed at €47.70.

WashTec Price Performance

The company has a current ratio of 0.94, a quick ratio of 0.52 and a debt-to-equity ratio of 97.98. The stock has a market capitalization of $650.38 million, a P/E ratio of 22.85, a PEG ratio of 1.63 and a beta of 0.86. The company has a fifty day simple moving average of €46.71 and a two-hundred day simple moving average of €41.84.

WashTec Company Profile

(Get Free Report)

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. In addition, the company offers car wash management services; and financial services, such as financing and leasing solutions.

Further Reading

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