Grenke (ETR:GLJ) Shares Down 1.8% – Should You Sell?

Grenke AG (ETR:GLJ) shares fell 1.8% during mid-day trading on Thursday . The stock traded as low as €11.70 and last traded at €11.88. 197,962 shares traded hands during trading, The stock had previously closed at €12.10.

Grenke Trading Down 1.8%

The company has a debt-to-equity ratio of 668.67, a current ratio of 3.16 and a quick ratio of 2.25. The business’s fifty day simple moving average is €12.68 and its 200 day simple moving average is €13.79. The stock has a market cap of $530.72 million, a price-to-earnings ratio of 6.46, a P/E/G ratio of 0.75 and a beta of 1.37.

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.