Grenke AG (ETR:GLJ – Get Free Report) shares traded up 5.3% during mid-day trading on Thursday. The stock traded as high as €10.80 and last traded at €10.80. 104,947 shares traded hands during trading, The stock had previously closed at €10.26.
Grenke Stock Performance
The stock’s 50-day moving average is €10.72 and its 200-day moving average is €12.37. The stock has a market cap of $482.48 million, a price-to-earnings ratio of 5.87, a price-to-earnings-growth ratio of 0.75 and a beta of 1.37. The company has a debt-to-equity ratio of 657.64, a current ratio of 2.68 and a quick ratio of 2.25.
About Grenke
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.
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