Ströer SE & Co. KGaA (ETR:SAX) Trading 7.3% Higher – Here’s What Happened

Ströer SE & Co. KGaA (ETR:SAX)’s share price shot up 7.3% during trading on Wednesday . The stock traded as high as €35.85 and last traded at €35.85. 253,257 shares were traded during trading, an increase of 91% from the average session volume of 132,494 shares. The stock had previously closed at €33.40.

Ströer SE & Co. KGaA Stock Up 7.3%

The firm has a market cap of $2.05 billion, a price-to-earnings ratio of 17.69, a PEG ratio of 0.71 and a beta of 1.24. The firm has a 50 day moving average of €35.79 and a 200 day moving average of €38.39. The company has a quick ratio of 0.34, a current ratio of 0.46 and a debt-to-equity ratio of 198.93.

About Ströer SE & Co. KGaA

Ströer SE & Co KGaA provides out-of-home (OOH) media and online advertising solutions in Germany and internationally. It operates through three segments: Out-of-Home Media, Digital & Dialog Media, and Data As A Service (DaaS) & E-Commerce. The company offers various OOH advertising media services, such as traditional posters media and advertisements at bus and tram shelters and on public transport; and digital advertising services. It also operates t-online.de, which publishes news, analyses, reports and interviews through digital channels; information services for digital natives through special interest portals, such as giga.de, kino.de, desired, familie.de, spieletipps.de, and SpielAffe.de; and call centers focus on customer experience and sales for telecommunications, energy, retail, financial services, and medica sectors.