Grenke (ETR:GLJ) Trading Up 0.7% – Should You Buy?

Grenke AG (ETR:GLJGet Free Report) shares traded up 0.7% during mid-day trading on Thursday . The company traded as high as €11.60 and last traded at €11.52. 60,806 shares traded hands during trading, The stock had previously closed at €11.44.

Grenke Stock Up 0.7%

The company has a market cap of $514.64 million, a PE ratio of 6.26, a P/E/G ratio of 0.75 and a beta of 1.38. The company’s 50 day moving average is €11.73 and its 200 day moving average is €12.60. The company has a current ratio of 2.68, a quick ratio of 2.25 and a debt-to-equity ratio of 657.64.

Grenke Company Profile

(Get Free Report)

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.

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