WashTec (ETR:WSU) Trading Down 0.4% – Here’s Why

WashTec AG (ETR:WSU) dropped 0.4% during mid-day trading on Friday . The company traded as low as €49.40 and last traded at €49.60. Approximately 11,815 shares were traded during trading, a decline of 61% from the average daily volume of 30,458 shares. The stock had previously closed at €49.80.

WashTec Trading Down 0.4%

The firm has a market cap of $663.76 million, a P/E ratio of 23.32, a price-to-earnings-growth ratio of 1.63 and a beta of 0.86. 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 company’s fifty day moving average price is €47.87 and its two-hundred day moving average price is €42.72.

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