WashTec (ETR:WSU) Shares Down 0.2% - Time to Sell?

Key Points

• Shares down 0.2% — WSU traded as low as €47.60 and last at €48.90 on Tuesday, with volume of 7,591 shares, about 75% below its average session volume.
• High leverage and constrained liquidity — the company has a debt-to-equity ratio of 104.05, a quick ratio of 0.52 and a current ratio of 0.92, signaling substantial leverage and limited short-term liquidity.
• Valuation and business profile — WashTec has a market cap of $654.4M, a P/E of 22.99 and PEG of 1.63, and provides gantry, self-service and commercial vehicle car-wash equipment and services worldwide.

WashTec AG (ETR:WSU - )'s stock price fell 0.2% on Tuesday . The company traded as low as €47.60 and last traded at €48.90. 7,591 shares traded hands during mid-day trading, a decline of 75% from the average session volume of 30,458 shares. The stock had previously closed at €49.00.

WashTec Stock Down 0.2%

The company's 50-day moving average is €48.90 and its 200 day moving average is €44.10. The company has a debt-to-equity ratio of 104.05, a quick ratio of 0.52 and a current ratio of 0.92. The company has a market capitalization of $654.40 million, a PE ratio of 22.99, a P/E/G ratio of 1.63 and a beta of 0.68.

WashTec Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.