Grenke (ETR:GLJ) Shares Up 0.8% – What’s Next?

Grenke AG (ETR:GLJ) shares shot up 0.8% during mid-day trading on Monday . The stock traded as high as €17.88 ($20.79) and last traded at €17.80 ($20.70). 40,528 shares traded hands during trading, The stock had previously closed at €17.66 ($20.53).

Grenke Trading Down 0.1%

The firm has a 50-day moving average of €14.82 and a 200 day moving average of €15.21. The company has a current ratio of 1.19, a quick ratio of 2.26 and a debt-to-equity ratio of 347.44. The stock has a market capitalization of $794.30 million, a price-to-earnings ratio of 9.66, a PEG ratio of 0.75 and a beta of 1.51.

Grenke Company Profile

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.