Scout24 (ETR:G24) Trading Down 2.7% – Should You Sell?

Scout24 SE (ETR:G24) traded down 2.7% during mid-day trading on Thursday . The company traded as low as €67.70 and last traded at €67.70. 194,401 shares traded hands during trading, a decline of 13% from the average session volume of 223,980 shares. The stock had previously closed at €69.55.

Scout24 Trading Down 2.7%

The company has a debt-to-equity ratio of 14.26, a current ratio of 0.25 and a quick ratio of 2.23. The business’s 50 day moving average price is €76.29 and its 200-day moving average price is €89.51. The firm has a market capitalization of $4.95 billion, a price-to-earnings ratio of 28.80, a price-to-earnings-growth ratio of 1.51 and a beta of 0.52.

About Scout24

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a mortgage financing product under the pay-per-lead model; mortgage and real estate financing advisory services; FLOWFACT and Propstack, which are CRM software solutions for real estate agents; and TenantPlus that provides rental properties. In addition, it offers BuyerPlus for users looking to buy properties; LivingPlus provides coverage and support for tenant protection; and LettingPlus, a cloud-based software solution.