Grenke (ETR:GLJ) Stock Jumps 0.4% – Here’s What Happened

Grenke AG (ETR:GLJ) shot up 0.4% on Thursday. The company traded as high as €10.30 and last traded at €10.12. Approximately 60,081 shares traded hands during mid-day trading, The stock had previously closed at €10.08.

Grenke Price Performance

The company has a debt-to-equity ratio of 657.64, a current ratio of 2.68 and a quick ratio of 2.25. The firm has a 50-day moving average of €11.11 and a 200-day moving average of €11.97. The stock has a market cap of $452.10 million, a PE ratio of 5.50, a PEG ratio of 0.75 and a beta of 1.37.

Grenke Company Profile

Grenke AG, together with its subsidiaries, provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It operates through three segments: Leasing, Banking, and Factoring. The company is involved in the leasing activities, such as financing to commercial lessees, rental, service, protection, and maintenance offerings, as well as sale of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, software, and other peripheral equipment; leasing office communication products, that includes telecommunication and copier equipment, as well as medical technology products, small machinery and systems, and security devices; and leasing green economy objects, such as wallboxes, photovoltaic systems, and eBikes.