WashTec (ETR:WSU) Trading Down 0.2% – Here’s Why

Shares of WashTec AG (ETR:WSUGet Free Report) were down 0.2% during mid-day trading on Tuesday . The company traded as low as €47.60 and last traded at €48.90. Approximately 7,591 shares changed hands during trading, a decline of 75% from the average daily volume of 30,458 shares. The stock had previously closed at €49.00.

WashTec Stock Performance

The company has a quick ratio of 0.52, a current ratio of 0.92 and a debt-to-equity ratio of 104.05. The firm has a 50 day moving average of €48.90 and a 200-day moving average of €44.10. The company has a market cap of $654.40 million, a P/E ratio of 22.99, a PEG ratio of 1.63 and a beta of 0.68.

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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