Grenke AG (ETR:GLJ – Get Free Report)’s stock price traded down 1.7% during mid-day trading on Thursday . The company traded as low as €22.90 ($24.62) and last traded at €23.00 ($24.73). 18,606 shares traded hands during mid-day trading, The stock had previously closed at €23.40 ($25.16).
Grenke Stock Performance
The company has a market capitalization of $1.08 billion, a PE ratio of 12.99, a PEG ratio of 0.47 and a beta of 1.49. The company has a quick ratio of 2.26, a current ratio of 2.17 and a debt-to-equity ratio of 283.10. The company has a 50-day moving average price of €24.84 and a two-hundred day moving average price of €26.97.
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, leasing, 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, peripheral equipment, software, telecommunication and copier equipment, and medical devices, as well as other IT products.
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