WashTec (ETR:WSU) Shares Down 0.5% – Time to Sell?

WashTec AG (ETR:WSUGet Free Report) dropped 0.5% during trading on Tuesday . The company traded as low as €37.80 and last traded at €38.00. Approximately 1,721 shares traded hands during mid-day trading, a decline of 94% from the average daily volume of 30,458 shares. The stock had previously closed at €38.20.

WashTec Stock Performance

The stock has a market capitalization of $504.51 million, a PE ratio of 17.72, a PEG ratio of 1.63 and a beta of 0.67. The business has a 50 day moving average price of €42.44 and a 200 day moving average price of €45.94. The company has a debt-to-equity ratio of 81.88, a current ratio of 0.96 and a quick ratio of 0.52.

About WashTec

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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.

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