Sixt (ETR:SIX2) Stock Price Down 2% – Here’s What Happened

Sixt SE (ETR:SIX2)’s stock price was down 2% during trading on Wednesday . The company traded as low as €65.35 and last traded at €66.25. Approximately 49,695 shares were traded during trading, an increase of 1% from the average daily volume of 49,244 shares. The stock had previously closed at €67.60.

Sixt Stock Performance

The company has a market capitalization of $2.91 billion, a PE ratio of 13.18, a price-to-earnings-growth ratio of 23.89 and a beta of 1.96. The business’s fifty day moving average is €69.65 and its two-hundred day moving average is €78.00. The company has a current ratio of 2.31, a quick ratio of 0.56 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.