National Tyre & Wheel (ASX:NTD) Stock Price Up 2.3%

National Tyre & Wheel Ltd (ASX:NTD)’s share price rose 2.3% on Monday . The company traded as high as A$0.45 ($0.32) and last traded at A$0.44 ($0.31), approximately 211,639 shares traded hands during trading. The stock had previously closed at A$0.43 ($0.30).

The business has a 50-day moving average price of A$0.41 and a two-hundred day moving average price of A$0.41. The company has a quick ratio of 1.28, a current ratio of 2.72 and a debt-to-equity ratio of 18.85. The firm has a market cap of $45.27 million and a PE ratio of 7.10.

About National Tyre & Wheel (ASX:NTD)

National Tyre & Wheel Limited distributes and markets motor vehicle tires, wheels, tubes, and related products for 4WD, SUV, van, truck, caravan, trailer, and passenger cars in Australia, New Zealand, and South Africa. The company was incorporated in 2001 and is based in Moorooka, Australia.

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