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Grenke (ETR:GLJ) Reaches New 12-Month Low - What's Next?

Grenke logo with Financial Services background

Grenke AG (ETR:GLJ - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Monday . The company traded as low as €15.72 ($16.55) and last traded at €15.64 ($16.46), with a volume of 74170 shares trading hands. The stock had previously closed at €15.72 ($16.55).

Grenke Stock Down 0.5 %

The company has a debt-to-equity ratio of 298.32, a quick ratio of 2.26 and a current ratio of 2.22. The company has a market capitalization of $711.31 million, a PE ratio of 8.50, a price-to-earnings-growth ratio of 0.75 and a beta of 1.51. The company's fifty day moving average is €19.99 and its 200-day moving average is €22.78.

Grenke Company Profile

(Get Free Report)

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.

Further Reading

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