WashTec AG (WSU.F) (ETR:WSU) Stock Price Down 2.1%

WashTec AG (WSU.F) (ETR:WSU) shares were down 2.1% on Thursday . The company traded as low as €43.65 ($51.35) and last traded at €43.65 ($51.35). Approximately 4,964 shares changed hands during trading, a decline of 84% from the average daily volume of 30,458 shares. The stock had previously closed at €44.60 ($52.47).

A number of research analysts have recently weighed in on WSU shares. Warburg Research set a €53.00 ($62.35) price objective on shares of WashTec AG (WSU.F) and gave the stock a “buy” rating in a research note on Wednesday, October 28th. Hauck & Aufhaeuser set a €55.00 ($64.71) price objective on shares of WashTec AG (WSU.F) and gave the stock a “buy” rating in a research note on Thursday, October 29th.

The stock has a market capitalization of $584.14 million and a PE ratio of 32.43. The company has a current ratio of 1.06, a quick ratio of 0.67 and a debt-to-equity ratio of 56.56. The company’s 50 day simple moving average is €43.14 and its 200 day simple moving average is €38.71.

About WashTec AG (WSU.F) (ETR:WSU)

WashTec AG provides solutions for car wash in Europe, North America, and the Asia Pacific. The company offers various roll-over, self-service, and commercial vehicle wash equipment, as well as associated peripheral devices. It also provides wash tunnel systems; water reclaim systems; equipment maintenance; service projects and upgrades; spare parts; and digital solutions, as well as car wash chemicals under the Auwa brand.

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