WashTec (ETR:WSU) Shares Up 0.8% – Here’s Why

WashTec AG (ETR:WSUGet Free Report) shares rose 0.8% during trading on Tuesday . The stock traded as high as €39.50 and last traded at €39.10. 1,907 shares changed hands during trading, a decline of 94% from the average session volume of 30,458 shares. The stock had previously closed at €38.80.

WashTec Stock Performance

The company has a debt-to-equity ratio of 81.88, a current ratio of 0.96 and a quick ratio of 0.52. The stock has a 50 day simple moving average of €39.63 and a two-hundred day simple moving average of €44.91. The company has a market cap of $503.18 million, a PE ratio of 17.67, a PEG ratio of 1.63 and a beta of 0.65.

WashTec Company Profile

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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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