WashTec (OTCMKTS:WHTAF) Shares Down 21.6% – Time to Sell?

WashTec AG (OTCMKTS:WHTAFGet Free Report) traded down 21.6% during mid-day trading on Monday . The company traded as low as $43.35 and last traded at $43.35. Approximately 1,000 shares were traded during trading, an increase of 499% from the average session volume of 167 shares. The stock had previously closed at $55.28.

WashTec Stock Down 21.6%

The stock has a 50 day moving average price of $55.11 and a 200 day moving average price of $56.53.

About WashTec

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WashTec AG is a global provider of vehicle cleaning solutions, specializing in the design, manufacturing and servicing of automated and self-service car wash systems. The company’s product range spans from in-bay automatics and tunnel systems to high-pressure cleaning equipment and payment terminals. WashTec also offers a suite of software and digital solutions to help operators manage and optimize wash throughput, customer payments and maintenance schedules.

Founded in Germany and headquartered in Augsburg, WashTec has built a reputation for engineering innovation and reliability.

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