WashTec (ETR:WSU) Shares Down 1.8% – Should You Sell?

WashTec AG (ETR:WSUGet Free Report) shares were down 1.8% during trading on Wednesday . The stock traded as low as €38.00 ($39.58) and last traded at €39.00 ($40.63). Approximately 2,767 shares were traded during trading, a decline of 91% from the average daily volume of 30,458 shares. The stock had previously closed at €39.70 ($41.35).

WashTec Stock Down 1.8 %

The company has a market capitalization of $521.82 million, a price-to-earnings ratio of 17.97, a PEG ratio of 1.63 and a beta of 0.86. The company has a debt-to-equity ratio of 111.15, a quick ratio of 0.52 and a current ratio of 0.92. The business has a 50-day simple moving average of €39.57 and a two-hundred day simple moving average of €38.12.

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.

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