Grenke (ETR:GLJ) Trading Down 1.9% - Time to Sell?

Grenke logo with Financial Services background

Shares of Grenke AG (ETR:GLJ - Get Free Report) were down 1.9% on Tuesday . The company traded as low as €16.60 ($17.29) and last traded at €16.62 ($17.31). Approximately 39,526 shares changed hands during trading, The stock had previously closed at €16.94 ($17.65).

Grenke Trading Down 1.3 %

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 firm has a market cap of $766.79 million, a price-to-earnings ratio of 9.11, a PEG ratio of 0.75 and a beta of 1.51. The business has a fifty day simple moving average of €16.04 and a 200-day simple moving average of €21.32.

About Grenke

(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.

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