Wacker Neuson (ETR:WAC) Stock Price Up 0.5% – Still a Buy?

Wacker Neuson SE (ETR:WAC) rose 0.5% during mid-day trading on Tuesday . The company traded as high as €22.50 and last traded at €22.10. Approximately 49,476 shares traded hands during trading, a decline of 8% from the average daily volume of 53,813 shares. The stock had previously closed at €22.00.

Wacker Neuson Trading Down 0.7%

The company has a market cap of $1.56 billion, a price-to-earnings ratio of 19.58, a price-to-earnings-growth ratio of 0.07 and a beta of 1.22. The company has a quick ratio of 0.80, a current ratio of 1.79 and a debt-to-equity ratio of 22.12. The company’s 50-day moving average is €19.32 and its 200 day moving average is €19.81.

Wacker Neuson Company Profile

Wacker Neuson SE manufactures and distributes light and compact equipment in Germany, Austria, the United States, and internationally. It operates through three segments: Light Equipment, Compact Equipment, and Services. The company provides internal and external vibrators for concrete compaction; rammers; vibratory plates; rollers for soil compaction; demolition and light products; generators; pumps; and heaters. It also offers compact equipment, including excavators, wheel loaders, telescopic wheel loaders, skid steer loaders, telehandlers, wheel and track dumpers, and backhoe loaders, as well as related product attachments and accessories.