Wacker Neuson (ETR:WAC) Stock Jumps 1.8% – Here’s What Happened

Wacker Neuson SE (ETR:WAC) shares traded up 1.8% during trading on Wednesday. The stock traded as high as €22.65 and last traded at €22.50. Approximately 41,191 shares changed hands during mid-day trading, a decline of 23% from the average session volume of 53,813 shares. The stock had previously closed at €22.10.

Wacker Neuson Stock Up 1.8%

The company has a debt-to-equity ratio of 21.12, a quick ratio of 0.80 and a current ratio of 1.53. The stock has a market capitalization of $1.58 billion, a PE ratio of 19.76, a PEG ratio of 0.07 and a beta of 1.23. The business has a 50 day moving average of €22.84 and a two-hundred day moving average of €20.60.

Wacker Neuson Company Profile

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.