WashTec (ETR:WSU) Share Price Crosses Below Fifty Day Moving Average of $56.64

Shares of WashTec AG (ETR:WSU) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of €56.64 ($66.64) and traded as low as €55.40 ($65.18). WashTec shares last traded at €56.20 ($66.12), with a volume of 1,200 shares trading hands.

Separately, Warburg Research set a €62.20 ($73.18) price objective on WashTec in a research report on Thursday, July 29th.

The company has a debt-to-equity ratio of 67.00, a current ratio of 1.02 and a quick ratio of 0.67. The business has a 50-day simple moving average of €56.71 and a 200-day simple moving average of €53.76. The firm has a market capitalization of $768.14 million and a PE ratio of 33.20.

About WashTec (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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