Grenke (ETR:GLJ) Stock Price Up 1% – Should You Buy?

Grenke AG (ETR:GLJ) shot up 1% on Thursday . The stock traded as high as €12.10 and last traded at €12.04. Approximately 24,067 shares traded hands during mid-day trading, The stock had previously closed at €11.92.

Grenke Trading Down 1.0%

The company has a quick ratio of 2.25, a current ratio of 2.78 and a debt-to-equity ratio of 569.80. The firm has a market capitalization of $537.87 million, a price-to-earnings ratio of 6.54, a P/E/G ratio of 0.75 and a beta of 1.37. The business has a 50-day moving average of €12.34 and a two-hundred day moving average of €13.46.

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.