JOST Werke (ETR:JST) Stock Price Up 6.9% – Here’s What Happened

JOST Werke SE (ETR:JSTGet Free Report) shot up 6.9% on Thursday . The company traded as high as €54.10 and last traded at €54.10. 44,553 shares were traded during trading, an increase of 26% from the average session volume of 35,469 shares. The stock had previously closed at €50.60.

JOST Werke Stock Down 0.6%

The stock has a market capitalization of $783.53 million, a price-to-earnings ratio of 21.49, a P/E/G ratio of 0.44 and a beta of 1.07. The business has a 50-day moving average of €56.10 and a 200-day moving average of €55.99. The company has a debt-to-equity ratio of 214.35, a quick ratio of 0.68 and a current ratio of 1.32.

About JOST Werke

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JOST Werke SE manufactures and supplies safety-critical systems for the commercial vehicle industry. The company offers truck and trailer components, including sensor systems and lubetonic systems, fifth wheel couplings and mounting plates, dual-height fifth wheel systems, sliders, king pins, ball bearing turntables and slewing rings, landing gears, and hubodometers and axle caps; container equipment, such as components for intermodal transports, twist locks, bolsters, airbag lifting devices, and spare wheel holders; and axle systems and its spare parts.

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