Grenke (ETR:GLJ) Stock Falls 0.9% – Here’s What Happened

Grenke AG (ETR:GLJ)’s share price fell 0.9% during trading on Thursday. The company traded as low as €10.94 and last traded at €10.96. Approximately 56,795 shares traded hands during trading, The stock had previously closed at €11.06.

Grenke Price Performance

The company has a market cap of $480.69 million, a P/E ratio of 5.85, a PEG ratio of 0.75 and a beta of 1.37. The company has a fifty day moving average price of €11.57 and a two-hundred day moving average price of €12.26. The company has a debt-to-equity ratio of 657.64, a quick ratio of 2.25 and a current ratio of 2.68.

Grenke Company Profile

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.