SAF-Holland (ETR:SFQ) Trading Down 1.5% – Here’s Why

SAF-Holland SE (ETR:SFQ)’s stock price dropped 1.5% during mid-day trading on Wednesday . The company traded as low as €20.05 and last traded at €20.30. Approximately 39,522 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 141,316 shares. The stock had previously closed at €20.60.

SAF-Holland Price Performance

The company has a debt-to-equity ratio of 157.04, a current ratio of 2.30 and a quick ratio of 0.99. The stock has a 50 day moving average price of €18.96 and a 200-day moving average price of €17.55. The stock has a market capitalization of $940.82 million, a price-to-earnings ratio of 12.49, a price-to-earnings-growth ratio of 0.44 and a beta of 1.66.

SAF-Holland Company Profile

SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses. The company offers axle and air suspension systems, fifth wheels, hweel systems, coupling systems, kingpins, and landing gears, as well as ball races, braking and EBS systems, lighting systems, and disc brakes. It markets its products under the SAF, Holland, Neway, KLL, V.Orlandi, TrailerMaster, and York brands. The company serves original equipment manufacturers. It primarily operates in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.