JOST Werke (ETR:JST) Stock Price Up 3.1% - Here's Why

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.

JOST Werke SE (ETR:JST - Get Free Report) rose 3.1% during mid-day trading on Friday . The company traded as high as €54.80 ($63.72) and last traded at €53.00 ($61.63). Approximately 13,894 shares changed hands during mid-day 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 Up 3.3%

The company has a debt-to-equity ratio of 67.54, a current ratio of 1.84 and a quick ratio of 0.68. The stock has a market cap of $787.98 million, a PE ratio of 21.61, a price-to-earnings-growth ratio of 0.44 and a beta of 1.40. The business has a fifty day moving average of €52.39 and a 200-day moving average of €50.93.

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.