SAF-Holland (ETR:SFQ) Stock Jumps 1.6% – Should You Buy?

SAF-Holland SE (ETR:SFQ – Get Free Report) traded up 1.6% during mid-day trading on Wednesday. The company traded as high as €23.00 and last traded at €22.70. 80,963 shares changed hands during mid-day trading, a decline of 43% from the average daily volume of 141,316 shares. The stock had previously closed at €22.35.

SAF-Holland Stock Performance

The stock’s 50-day moving average price is €21.76 and its 200 day moving average price is €19.84. The firm has a market cap of $1.02 billion, a P/E ratio of 13.54, a price-to-earnings-growth ratio of 0.44 and a beta of 1.68. The company has a debt-to-equity ratio of 157.84, a current ratio of 2.40 and a quick ratio of 0.99.

SAF-Holland Company Profile

(Get Free Report)

SAF-Holland SE manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses. The company offers axle and air suspension systems, fifth wheels, hweel systems, coupling systems, kingpins, and landing gears, as well as ball races, braking and EBS systems, lighting systems, and disc brakes. It markets its products under the SAF, Holland, Neway, KLL, V.Orlandi, TrailerMaster, and York brands. The company serves original equipment manufacturers. It primarily operates in Europe, the Middle East, Africa, the Americas, and the Asia Pacific.

Further Reading

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