Wacker Neuson (ETR:WAC) Shares Up 2.7% – Here’s What Happened

Shares of Wacker Neuson SE (ETR:WAC) rose 2.7% during trading on Wednesday . The company traded as high as €24.55 and last traded at €24.50. Approximately 43,794 shares traded hands during trading, a decline of 19% from the average session volume of 53,813 shares. The stock had previously closed at €23.85.

Wacker Neuson Stock Performance

The company has a current ratio of 1.53, a quick ratio of 0.80 and a debt-to-equity ratio of 21.12. The firm’s 50-day moving average is €22.29 and its two-hundred day moving average is €20.09. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 21.52, a P/E/G ratio of 0.07 and a beta of 1.23.

About Wacker Neuson

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.