Grenke (ETR:GLJ) Stock Price Down 2.1% - What's Next?

Grenke AG (ETR:GLJ - Get Free Report) was down 2.1% during trading on Wednesday . The stock traded as low as €25.45 ($27.66) and last traded at €25.60 ($27.83). Approximately 55,065 shares changed hands during mid-day trading, The stock had previously closed at €26.15 ($28.42).

Grenke Trading Down 24.2 %

The stock has a market cap of $882.31 million, a price-to-earnings ratio of 10.49, a P/E/G ratio of 0.75 and a beta of 1.51. The business has a 50-day simple moving average of €24.65 and a two-hundred day simple moving average of €23.96. The company has a debt-to-equity ratio of 298.32, a quick ratio of 2.26 and a current ratio of 2.22.

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.