Grenke (ETR:GLJ) Trading Down 2.1% – Time to Sell?

Grenke AG (ETR:GLJ)’s stock price was down 2.1% on Thursday . The stock traded as low as €13.14 and last traded at €13.14. Approximately 117,062 shares traded hands during trading, The stock had previously closed at €13.42.

Grenke Price Performance

The business has a 50 day moving average price of €13.52 and a two-hundred day moving average price of €14.58. The stock has a market cap of $587.01 million, a PE ratio of 7.14, a P/E/G ratio of 0.75 and a beta of 1.46. The company has a debt-to-equity ratio of 652.66, a quick ratio of 2.26 and a current ratio of 3.13.

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.