Ströer SE & Co. KGaA (ETR:SAX) Trading 1.6% Higher - Here's Why

Ströer SE & Co. KGaA (ETR:SAX - Get Free Report)'s share price rose 1.6% during mid-day trading on Tuesday . The company traded as high as €57.75 ($60.16) and last traded at €57.00 ($59.38). Approximately 57,459 shares traded hands during mid-day trading, a decline of 57% from the average daily volume of 132,494 shares. The stock had previously closed at €56.10 ($58.44).

Ströer SE & Co. KGaA Stock Down 1.5 %

The firm's fifty day simple moving average is €49.96 and its 200 day simple moving average is €54.29. The company has a current ratio of 0.47, a quick ratio of 0.34 and a debt-to-equity ratio of 461.30. The company has a market cap of $3.18 billion, a price-to-earnings ratio of 29.41, a PEG ratio of 0.71 and a beta of 1.24.

Ströer SE & Co. KGaA Company Profile

Ströer SE & Co KGaA provides out-of-home (OOH) media and online advertising solutions in Germany and internationally. It operates through three segments: Out-of-Home Media, Digital & Dialog Media, and Data As A Service (DaaS) & E-Commerce. The company offers various OOH advertising media services, such as traditional posters media and advertisements at bus and tram shelters and on public transport; and digital advertising services.