WashTec (ETR:WSU) Stock Price Up 3.3% - Still a Buy?

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.

WashTec AG (ETR:WSU - Get Free Report)'s share price was up 3.3% during mid-day 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 changed 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 Stock Performance

The firm's 50-day simple moving average is €40.25 and its 200-day simple moving average is €40.20. The company has a market capitalization of $527.26 million, a PE ratio of 18.52, a PEG ratio of 1.63 and a beta of 0.86. The company has a current ratio of 0.94, a quick ratio of 0.52 and a debt-to-equity ratio of 97.98.

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.