Ströer SE & Co. KGaA (ETR:SAX) Trading 7.3% Higher – Here’s What Happened

Ströer SE & Co. KGaA (ETR:SAX) shares traded up 7.3% during mid-day trading on Wednesday . The company traded as high as €35.85 and last traded at €35.85. 253,257 shares were traded during mid-day trading, an increase of 91% from the average session volume of 132,494 shares. The stock had previously closed at €33.40.

Ströer SE & Co. KGaA Stock Up 7.3%

The firm has a market cap of $2.05 billion, a P/E ratio of 17.69, a price-to-earnings-growth ratio of 0.71 and a beta of 1.24. The stock’s 50 day simple moving average is €35.79 and its 200 day simple moving average is €38.39. The company has a debt-to-equity ratio of 198.93, a quick ratio of 0.34 and a current ratio of 0.46.

Ströer SE & Co. KGaA Company Profile

Ströer SE & Co KGaA provides out-of-home (OOH) media and online advertising solutions in Germany and internationally. It operates through three segments: Out-of-Home Media, Digital & Dialog Media, and Data As A Service (DaaS) & E-Commerce. The company offers various OOH advertising media services, such as traditional posters media and advertisements at bus and tram shelters and on public transport; and digital advertising services. It also operates t-online.de, which publishes news, analyses, reports and interviews through digital channels; information services for digital natives through special interest portals, such as giga.de, kino.de, desired, familie.de, spieletipps.de, and SpielAffe.de; and call centers focus on customer experience and sales for telecommunications, energy, retail, financial services, and medica sectors.