JOST Werke (ETR:JST) Shares Up 3.1% - Here's What Happened

Key Points

• JOST Werke SE stock price increased by 3.1% to €53.00 ($62.35) after reaching a high of €54.80 ($64.47) during trading.
• The company has a market capitalization of $765.72 million and a PE ratio of 21.00, indicating its trading performance in the market.
• JOST Werke specializes in manufacturing safety-critical systems for the commercial vehicle industry, offering a wide range of truck, trailer, and axle components.

Shares of JOST Werke SE (ETR:JST - Get Free Report) rose 3.1% during mid-day trading on Friday . The stock traded as high as €54.80 ($63.72) and last traded at €53.00 ($61.63). Approximately 13,894 shares were traded during trading, a decline of 61% from the average daily volume of 35,469 shares. The stock had previously closed at €51.40 ($59.77).

JOST Werke Stock Performance

The stock has a market capitalization of $762.76 million, a P/E ratio of 20.92, a PEG ratio of 0.44 and a beta of 1.40. The company has a quick ratio of 0.68, a current ratio of 1.84 and a debt-to-equity ratio of 67.54. The company has a 50-day moving average price of €52.37 and a two-hundred day moving average price of €50.91.

About JOST Werke

JOST Werke SE manufactures and supplies safety-critical systems for the commercial vehicle industry. The company offers truck and trailer components, including sensor systems and lubetonic systems, fifth wheel couplings and mounting plates, dual-height fifth wheel systems, sliders, king pins, ball bearing turntables and slewing rings, landing gears, and hubodometers and axle caps; container equipment, such as components for intermodal transports, twist locks, bolsters, airbag lifting devices, and spare wheel holders; and axle systems and its spare parts.