Grenke (ETR:GLJ) Stock Price Up 4.8% – What’s Next?

Shares of Grenke AG (ETR:GLJ) rose 4.8% during trading on Friday . The stock traded as high as €15.38 and last traded at €15.38. Approximately 103,615 shares changed hands during trading, The stock had previously closed at €14.68.

Grenke Stock Performance

The stock has a 50 day moving average price of €15.51 and a two-hundred day moving average price of €15.85. The company has a debt-to-equity ratio of 347.44, a current ratio of 1.19 and a quick ratio of 2.26. The company has a market capitalization of $703.16 million, a price-to-earnings ratio of 8.55, a price-to-earnings-growth ratio of 0.75 and a beta of 1.51.

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.