Sixt (ETR:SIX2) Shares Down 2% – Here’s Why

Sixt SE (ETR:SIX2) traded down 2% during mid-day trading on Wednesday . The company traded as low as €65.35 and last traded at €66.25. 49,695 shares traded hands during trading, an increase of 1% from the average session volume of 49,244 shares. The stock had previously closed at €67.60.

Sixt Trading Down 2.0%

The stock’s fifty day simple moving average is €69.65 and its two-hundred day simple moving average is €78.00. The firm has a market cap of $2.91 billion, a PE ratio of 13.18, a PEG ratio of 23.89 and a beta of 1.96. The company has a quick ratio of 0.56, a current ratio of 2.31 and a debt-to-equity ratio of 196.55.

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.