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Sixt (ETR:SIX2) Trading Down 1.6% - Time to Sell?

Sixt logo with Industrials background

Sixt SE (ETR:SIX2 - Get Free Report)'s share price dropped 1.6% during mid-day trading on Thursday . The company traded as low as €70.30 ($74.00) and last traded at €70.55 ($74.26). Approximately 29,201 shares traded hands during trading, a decline of 41% from the average daily volume of 49,244 shares. The stock had previously closed at €71.70 ($75.47).

Sixt Stock Down 0.6 %

The company has a debt-to-equity ratio of 241.73, a quick ratio of 0.56 and a current ratio of 1.97. The company has a market cap of $2.13 billion, a price-to-earnings ratio of 13.64, a price-to-earnings-growth ratio of 23.89 and a beta of 1.96. The business has a 50-day simple moving average of €69.48 and a 200-day simple moving average of €68.93.

Sixt Company Profile

(Get Free Report)

Sixt SE, through its subsidiaries, provides mobility services through corporate and franchise station network for private and business customers worldwide. It offers its products through SIXT app, which comprises SIXT rent, a car rental service; SIXT van & truck for commercial vehicle rental; SIXT share, a car sharing service, as well as offers micro-mobility services through e-scooters, e-mopeds, and e-bikes; SIXT+ for car subscriptions/long-term rentals; and SIXT ride, which includes transfer services, chauffeur services, and event transport services.

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