Wacker Neuson (ETR:WAC) Stock Price Up 5.6% – Here’s What Happened

Wacker Neuson SE (ETR:WAC)’s stock price shot up 5.6% during mid-day trading on Tuesday . The stock traded as high as €19.12 and last traded at €19.12. Approximately 118,610 shares traded hands during mid-day trading, an increase of 120% from the average session volume of 53,813 shares. The stock had previously closed at €18.10.

Wacker Neuson Trading Up 0.7%

The stock has a market cap of $1.36 billion, a P/E ratio of 16.98, a PEG ratio of 0.07 and a beta of 1.32. The company has a debt-to-equity ratio of 22.12, a current ratio of 1.79 and a quick ratio of 0.80. The business’s 50 day simple moving average is €19.01 and its 200 day simple moving average is €20.70.

About Wacker Neuson

Wacker Neuson SE manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally. It operates through three segments: Light Equipment, Compact Equipment, and Services. The company provides internal and external vibrators for concrete compaction; rammers; vibratory plates; rollers for soil compaction; demolition and light products; generators; pumps; and heaters. It also offers compact equipment, including excavators, wheel loaders, telescopic wheel loaders, skid steer loaders, telehandlers, wheel and track dumpers, and backhoe loaders, as well as related product attachments and accessories.