Ströer SE & Co. KGaA (ETR:SAX) Stock Crosses Above 50 Day Moving Average – Here’s What Happened

Ströer SE & Co. KGaA (ETR:SAX)’s share price crossed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of €37.34 and traded as high as €37.38. Ströer SE & Co. KGaA shares last traded at €37.38, with a volume of 95,165 shares changing hands.

Ströer SE & Co. KGaA Trading Up 2.4%

The firm has a market capitalization of $2.18 billion, a P/E ratio of 18.88, a P/E/G ratio of 0.71 and a beta of 1.09. The company has a current ratio of 0.48, a quick ratio of 0.34 and a debt-to-equity ratio of 490.13. The stock has a 50 day simple moving average of €37.34 and a 200-day simple moving average of €35.87.

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.