Grenke (ETR:GLJ) Shares Down 1.7% - Here's Why

Grenke AG (ETR:GLJ - Get Free Report) shares were down 1.7% on Monday . The company traded as low as €15.74 ($16.23) and last traded at €15.76 ($16.25). Approximately 54,197 shares changed hands during trading, The stock had previously closed at €16.04 ($16.54).

Grenke Stock Performance

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 business's 50-day moving average is €16.59 and its 200-day moving average is €22.16. The company has a market capitalization of $756.79 million, a PE ratio of 8.99, a PEG ratio of 0.75 and a beta of 1.51.

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.