SAF-Holland (ETR:SFQ) Shares Down 1.9% - Here's Why

Key Points

• SAF-Holland SE shares fell by 1.9% on Wednesday, trading between €15.62 and €16.60
• The company's market capitalization stands at $769.34 million, with a P/E ratio of 10.21 and a debt-to-equity ratio of 160.06.
• SAF-Holland specializes in manufacturing chassis-related assemblies and components for vehicles, including trucks and trailers.

SAF-Holland SE (ETR:SFQ - Get Free Report) shares traded down 1.9% during mid-day trading on Wednesday . The stock traded as low as €15.62 ($18.16) and last traded at €16.60 ($19.30). 115,591 shares were traded during trading, a decline of 18% from the average session volume of 141,316 shares. The stock had previously closed at €16.92 ($19.67).

SAF-Holland Trading Down 2.9%

The company has a market capitalization of $714.65 million, a price-to-earnings ratio of 9.49, a price-to-earnings-growth ratio of 0.44 and a beta of 1.98. The company has a debt-to-equity ratio of 160.06, a quick ratio of 0.99 and a current ratio of 2.30. The firm has a fifty day moving average price of €16.66 and a 200-day moving average price of €16.38.

About SAF-Holland

SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses. The company offers axle and air suspension systems, fifth wheels, hweel systems, coupling systems, kingpins, and landing gears, as well as ball races, braking and EBS systems, lighting systems, and disc brakes.