Scout24 (ETR:G24) Shares Down 3.1% – Here’s Why

Scout24 SE (ETR:G24) shares were down 3.1% during mid-day trading on Friday . The stock traded as low as €69.20 and last traded at €69.40. Approximately 247,733 shares traded hands during trading, an increase of 11% from the average daily volume of 223,980 shares. The stock had previously closed at €71.65.

Scout24 Stock Performance

The company has a market cap of $5.08 billion, a P/E ratio of 29.53, a P/E/G ratio of 1.51 and a beta of 0.52. The firm has a 50 day moving average price of €68.51 and a 200-day moving average price of €82.11. The company has a debt-to-equity ratio of 10.11, a quick ratio of 2.23 and a current ratio of 0.38.

About Scout24

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a mortgage financing product under the pay-per-lead model; mortgage and real estate financing advisory services; FLOWFACT and Propstack, which are CRM software solutions for real estate agents; and TenantPlus that provides rental properties. In addition, it offers BuyerPlus for users looking to buy properties; LivingPlus provides coverage and support for tenant protection; and LettingPlus, a cloud-based software solution.