WashTec (ETR:WSU) Trading Down 0.3% - Should You Sell?

Key Points

• Shares of WashTec AG (ETR:WSU) decreased by 0.3%, trading as low as €38.00 ($44.71) with a notable decline in trading volume by 83% compared to its average session.
• The company currently has a market cap of $508.53 million and a debt-to-equity ratio of 97.98, indicating significant leverage.
• WashTec AG specializes in providing various car wash solutions across multiple regions, including Europe and North America, along with related services and digital solutions.

WashTec AG (ETR:WSU - Get Free Report) shares fell 0.3% during mid-day trading on Wednesday . The company traded as low as €38.00 ($44.71) and last traded at €38.00 ($44.71). 5,165 shares traded hands during trading, a decline of 83% from the average session volume of 30,458 shares. The stock had previously closed at €38.10 ($44.82).

WashTec Stock Up 1.3%

The company has a current ratio of 0.94, a quick ratio of 0.52 and a debt-to-equity ratio of 97.98. The stock has a market capitalization of $523.25 million, a PE ratio of 18.38, a P/E/G ratio of 1.63 and a beta of 0.86. The stock's fifty day simple moving average is €38.49 and its 200-day simple moving average is €39.84.

About WashTec

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.