JOST Werke (ETR:JST) Stock Price Down 4.3% – Here’s Why

Shares of JOST Werke SE (ETR:JST) traded down 4.3% during mid-day trading on Friday . The company traded as low as €49.00 ($53.85) and last traded at €49.00 ($53.85). 16,272 shares traded hands during mid-day trading, a decline of 54% from the average session volume of 35,469 shares. The stock had previously closed at €51.20 ($56.26).

JOST Werke Stock Down 6.8 %

The firm has a market cap of $677.43 million, a PE ratio of 18.58, a PEG ratio of 0.44 and a beta of 1.40. The company has a current ratio of 1.84, a quick ratio of 0.68 and a debt-to-equity ratio of 67.54. The firm has a 50 day moving average price of €49.46 and a 200-day moving average price of €45.57.

About JOST Werke

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.