WashTec (ETR:WSU) Stock Price Up 0.8% – Here’s Why

WashTec AG (ETR:WSUGet Free Report) shares were up 0.8% during mid-day trading on Tuesday . The stock traded as high as €39.50 and last traded at €39.10. 1,907 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 30,458 shares. The stock had previously closed at €38.80.

WashTec Price Performance

The company has a quick ratio of 0.52, a current ratio of 0.96 and a debt-to-equity ratio of 81.88. The business’s 50-day simple moving average is €39.74 and its 200 day simple moving average is €44.97. The firm has a market capitalization of $523.25 million, a P/E ratio of 18.38, a PEG ratio of 1.63 and a beta of 0.65.

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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