Grenke (ETR:GLJ) Stock Price Down 0.5% – Here’s What Happened

Grenke AG (ETR:GLJ)’s share price was down 0.5% during mid-day trading on Monday . The company traded as low as €14.62 and last traded at €14.80. Approximately 28,322 shares changed hands during mid-day trading, The stock had previously closed at €14.88.

Grenke Price Performance

The stock has a market cap of $661.17 million, a PE ratio of 8.04, a PEG ratio of 0.75 and a beta of 1.51. The business’s 50-day simple moving average is €15.12 and its 200-day simple moving average is €15.67. The company has a quick ratio of 2.26, a current ratio of 1.19 and a debt-to-equity ratio of 347.44.

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, 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.