Grenke AG (ETR:GLJ – Get Free Report) was up 2.9% on Thursday . The company traded as high as €24.90 ($27.07) and last traded at €24.80 ($26.96). Approximately 92,852 shares changed hands during mid-day trading, The stock had previously closed at €24.10 ($26.20).
Grenke Stock Up 2.9 %
The stock has a 50-day moving average of €23.14 and a 200-day moving average of €22.69. The company has a debt-to-equity ratio of 318.07, a current ratio of 2.27 and a quick ratio of 2.26. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 13.85, a P/E/G ratio of 0.65 and a beta of 1.51.
About Grenke
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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