Scout24 (ETR:G24) Trading Up 3.2% – Here’s Why

Scout24 SE (ETR:G24) shares were up 3.2% during trading on Tuesday . The stock traded as high as €76.85 and last traded at €76.85. Approximately 306,494 shares traded hands during mid-day trading, an increase of 37% from the average daily volume of 223,980 shares. The stock had previously closed at €74.45.

Scout24 Stock Up 3.2%

The company has a quick ratio of 2.23, a current ratio of 0.22 and a debt-to-equity ratio of 2.88. The company has a market cap of $5.62 billion, a P/E ratio of 32.70, a price-to-earnings-growth ratio of 1.51 and a beta of 0.56. The company has a fifty day moving average of €71.07 and a 200 day moving average of €75.75.

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.