Grenke (ETR:GLJ) Stock Price Down 1.9% – What’s Next?

Grenke AG (ETR:GLJGet Free Report)’s share price traded down 1.9% during trading on Thursday . The stock traded as low as €12.38 and last traded at €12.44. 71,499 shares changed hands during mid-day trading, The stock had previously closed at €12.68.

Grenke Stock Down 1.9%

The company has a debt-to-equity ratio of 668.67, a quick ratio of 2.26 and a current ratio of 3.16. The stock has a market capitalization of $555.74 million, a PE ratio of 6.76, a PEG ratio of 0.75 and a beta of 1.39. The business has a 50 day moving average of €12.77 and a two-hundred day moving average of €14.01.

About Grenke

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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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