JOST Werke (ETR:JST) Trading Down 2.7% – Here’s Why

JOST Werke SE (ETR:JST)’s share price traded down 2.7% on Friday . The stock traded as low as €47.70 ($49.69) and last traded at €48.25 ($50.26). 22,608 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 35,469 shares. The stock had previously closed at €49.60 ($51.67).

JOST Werke Stock Performance

The firm’s 50-day moving average price is €45.81 and its two-hundred day moving average price is €43.53. The firm has a market capitalization of $716.01 million, a PE ratio of 19.64, a P/E/G ratio of 0.44 and a beta of 1.40. The company has a quick ratio of 0.68, a current ratio of 1.84 and a debt-to-equity ratio of 67.54.

JOST Werke Company Profile

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.