Wacker Neuson (ETR:WAC) Shares Up 1.8% – Should You Buy?

Wacker Neuson SE (ETR:WAC)’s share price rose 1.8% during trading on Wednesday. The stock traded as high as €22.65 and last traded at €22.50. 41,191 shares changed hands during mid-day trading, a decline of 23% from the average daily volume of 53,813 shares. The stock had previously closed at €22.10.

Wacker Neuson Stock Up 1.8%

The business’s 50 day moving average is €22.84 and its 200 day moving average is €20.60. The company has a market capitalization of $1.58 billion, a price-to-earnings ratio of 19.76, a PEG ratio of 0.07 and a beta of 1.23. The company has a debt-to-equity ratio of 21.12, a quick ratio of 0.80 and a current ratio of 1.53.

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.