Grenke (ETR:GLJ) Stock Price Up 2.9%

Grenke AG (ETR:GLJ)’s share price traded up 2.9% during mid-day trading on Thursday . The stock traded as high as €24.90 ($27.07) and last traded at €24.80 ($26.96). 92,852 shares changed hands during mid-day trading, The stock had previously closed at €24.10 ($26.20).

Grenke Price Performance

The company has a market cap of $1.15 billion, a price-to-earnings ratio of 13.85, a P/E/G ratio of 0.65 and a beta of 1.51. The company has a current ratio of 2.27, a quick ratio of 2.26 and a debt-to-equity ratio of 318.07. The business has a 50-day moving average price of €23.14 and a 200 day moving average price of €22.69.

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.