SAF-Holland (ETR:SFQ) Shares Climb 2.6% – Should You Buy?

SAF-Holland SE (ETR:SFQ)’s share price traded up 2.6% during mid-day trading on Wednesday. The company traded as high as €21.60 and last traded at €21.60. Approximately 57,654 shares traded hands during trading, a decline of 59% from the average daily volume of 141,316 shares. The stock had previously closed at €21.05.

SAF-Holland Trading Up 2.6%

The company has a market cap of $1.00 billion, a P/E ratio of 13.29, a PEG ratio of 0.44 and a beta of 1.68. The company has a current ratio of 2.40, a quick ratio of 0.99 and a debt-to-equity ratio of 157.84. The business has a 50 day moving average price of €21.99 and a 200-day moving average price of €20.27.

SAF-Holland Company Profile

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.