Grenke (ETR:GLJ) Trading 1% Higher – What’s Next?

Grenke AG (ETR:GLJGet Free Report)’s share price traded up 1% during trading on Thursday . The company traded as high as €12.10 and last traded at €12.04. Approximately 24,067 shares changed hands during trading, The stock had previously closed at €11.92.

Grenke Price Performance

The company has a market cap of $537.87 million, a P/E ratio of 6.54, a PEG ratio of 0.75 and a beta of 1.37. The company has a fifty day moving average price of €12.34 and a two-hundred day moving average price of €13.47. The company has a debt-to-equity ratio of 569.80, a quick ratio of 2.25 and a current ratio of 2.78.

About Grenke

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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.

Further Reading

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