Grenke (ETR:GLJ) Shares Climb 0.4% – Should You Buy?

Grenke AG (ETR:GLJ)’s share price rose 0.4% during mid-day trading on Thursday. The stock traded as high as €10.30 and last traded at €10.12. 60,081 shares traded hands during trading, The stock had previously closed at €10.08.

Grenke Price Performance

The company has a quick ratio of 2.25, a current ratio of 2.68 and a debt-to-equity ratio of 657.64. The firm’s fifty day moving average price is €11.11 and its 200 day moving average price is €11.97. The stock has a market cap of $452.10 million, a PE ratio of 5.50, a P/E/G ratio of 0.75 and a beta of 1.37.

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.