Jungheinrich Aktiengesellschaft (ETR:JUN3) Shares Up 1.4% – Time to Buy?

Jungheinrich Aktiengesellschaft (ETR:JUN3)’s share price was up 1.4% on Wednesday . The stock traded as high as €28.50 ($29.69) and last traded at €28.28 ($29.46). Approximately 402,304 shares traded hands during mid-day trading, an increase of 219% from the average daily volume of 126,014 shares. The stock had previously closed at €27.90 ($29.06).

Jungheinrich Aktiengesellschaft Trading Up 1.4 %

The business has a 50-day moving average of €25.17 and a 200-day moving average of €25.74. The stock has a market capitalization of $3.05 billion, a price-to-earnings ratio of 10.98, a PEG ratio of 2.83 and a beta of 1.75. The company has a debt-to-equity ratio of 30.71, a quick ratio of 0.84 and a current ratio of 1.38.

About Jungheinrich Aktiengesellschaft

Jungheinrich Aktiengesellschaft, through its subsidiaries, provides products and solutions for the intralogistics sector with a portfolio of material handling equipment, automated systems, and matching services worldwide. It operates in two segments, Intralogistics and Financial Services. The Intralogistics segment engages in the development, production, sale, and short-term rental of new material handling equipment and warehousing equipment products, including automation; sale and short-term leasing of used trucks; and provides spare parts, as well as maintenance and repair services.