Wacker Neuson (ETR:WAC) Stock Price Up 2.8%

Wacker Neuson SE (ETR:WACGet Rating) shares rose 2.8% during trading on Thursday . The company traded as high as €19.59 ($21.06) and last traded at €19.59 ($21.06). Approximately 73,565 shares traded hands during trading, an increase of 37% from the average daily volume of 53,813 shares. The stock had previously closed at €19.06 ($20.49).

WAC has been the subject of a number of recent research reports. Warburg Research set a €31.00 ($33.33) price objective on Wacker Neuson in a research note on Thursday, March 31st. Hauck and Aufhaeuser set a €33.00 ($35.48) price objective on Wacker Neuson in a research note on Wednesday, March 30th. Berenberg Bank set a €29.00 ($31.18) price objective on Wacker Neuson in a research note on Thursday, April 7th. Finally, Jefferies Financial Group set a €31.00 ($33.33) price objective on Wacker Neuson in a research note on Tuesday, March 29th.

The company has a current ratio of 2.55, a quick ratio of 1.04 and a debt-to-equity ratio of 39.51. The stock has a 50-day simple moving average of €20.56 and a 200-day simple moving average of €23.85. The company has a market cap of $1.40 billion and a price-to-earnings ratio of 16.81.

Wacker Neuson Company Profile (ETR:WAC)

Wacker Neuson SE manufactures and distributes light and compact equipment under the Wacker Neuson, Kramer, and Weidemann brand names in Europe, the Americas, and the Asia-Pacific. It operates through three segments: Light Equipment, Compact Equipment, and Services. The company offers internal and external vibrators for concrete compaction; trowels and screeds for concrete finishing; rammers, vibratory plates, and rollers for soil compaction; demolition products and saws; lighting; generators; pumps; and heaters.

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