Wacker Neuson (ETR:WAC) Shares Break Below Two Hundred Day Moving Average – Here’s Why

Wacker Neuson SE (ETR:WAC)’s share price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of €20.69 and traded as low as €20.40. Wacker Neuson shares last traded at €20.60, with a volume of 147,219 shares trading hands.

Wacker Neuson Stock Down 0.2%

The business has a fifty day moving average price of €23.15 and a two-hundred day moving average price of €20.69. The company has a debt-to-equity ratio of 21.12, a current ratio of 1.53 and a quick ratio of 0.80. The firm has a market capitalization of $1.44 billion, a price-to-earnings ratio of 18.05, a price-to-earnings-growth ratio of 0.07 and a beta of 1.23.

Wacker Neuson Company Profile

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.