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WashTec (ETR:WSU) Trading Up 3.3% - Should You Buy?

WashTec logo with Industrials background

Key Points

  • Shares of WashTec AG increased by 3.3% during trading, reaching a last recorded price of €40.60 ($47.21) after closing at €39.30 ($45.70).
  • The company's market capitalization stands at $540.65 million, with a PE ratio of 18.99 and a PEG ratio of 1.63.
  • WashTec AG specializes in providing various car wash solutions across multiple regions including Europe, North America, and Asia Pacific.
  • Five stocks we like better than WashTec.

Shares of WashTec AG (ETR:WSU - Get Free Report) were up 3.3% during trading on Tuesday . The stock traded as high as €40.60 ($47.21) and last traded at €40.60 ($47.21). Approximately 1,516 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 30,458 shares. The stock had previously closed at €39.30 ($45.70).

WashTec Price Performance

The company's 50 day simple moving average is €40.27 and its 200 day simple moving average is €40.19. 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 $540.65 million, a PE ratio of 18.99, a PEG ratio of 1.63 and a beta of 0.86.

About WashTec

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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