Sixt (ETR:SIX2) Shares Down 0.6% – Here’s Why

Sixt SE (ETR:SIX2) shares dropped 0.6% on Wednesday . The stock traded as low as €68.80 and last traded at €68.80. Approximately 29,313 shares changed hands during trading, a decline of 40% from the average session volume of 49,244 shares. The stock had previously closed at €69.25.

Sixt Stock Down 0.6%

The stock’s fifty day moving average price is €70.87 and its 200-day moving average price is €69.86. The company has a quick ratio of 0.56, a current ratio of 2.00 and a debt-to-equity ratio of 212.19. The company has a market capitalization of $3.02 billion, a price-to-earnings ratio of 13.69, a P/E/G ratio of 23.89 and a beta of 1.01.

About Sixt

Sixt SE, through its subsidiaries, provides mobility services through corporate and franchise station network for private and business customers worldwide. It offers its products through SIXT app, which comprises SIXT rent, a car rental service; SIXT van & truck for commercial vehicle rental; SIXT share, a car sharing service, as well as offers micro-mobility services through e-scooters, e-mopeds, and e-bikes; SIXT+ for car subscriptions/long-term rentals; and SIXT ride, which includes transfer services, chauffeur services, and event transport services.