WashTec (ETR:WSU) Shares Down 0.6% – Here’s Why

WashTec AG (ETR:WSU – Get Free Report)’s share price fell 0.6% on Friday. The company traded as low as €32.30 and last traded at €32.70. 3,260 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 30,458 shares. The stock had previously closed at €32.90.

WashTec Price Performance

The stock’s 50-day moving average price is €36.78 and its 200 day moving average price is €39.26. The firm has a market cap of $437.60 million, a price-to-earnings ratio of 15.37, a price-to-earnings-growth ratio of 1.63 and a beta of 0.65. The company has a quick ratio of 0.52, a current ratio of 0.84 and a debt-to-equity ratio of 158.86.

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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