Grenke (ETR:GLJ) Trading Down 0.1% – Here’s Why

Grenke AG (ETR:GLJ) traded down 0.1% on Monday . The stock traded as low as €14.88 and last traded at €15.04. 96,171 shares traded hands during mid-day trading, The stock had previously closed at €15.06.

Grenke Trading Down 0.1%

The stock has a fifty day moving average of €14.93 and a 200-day moving average of €16.00. The company has a market cap of $671.89 million, a PE ratio of 8.17, a PEG ratio of 0.75 and a beta of 1.51. The company has a debt-to-equity ratio of 347.44, a quick ratio of 2.26 and a current ratio of 1.19.

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.