Grenke (ETR:GLJ) Shares Down 1.9% – Here’s What Happened

Grenke AG (ETR:GLJ)’s stock price was down 1.9% on Tuesday . The company traded as low as €16.60 ($17.29) and last traded at €16.62 ($17.31). Approximately 39,526 shares were traded during trading, The stock had previously closed at €16.94 ($17.65).

Grenke Price Performance

The company has a current ratio of 2.22, a quick ratio of 2.26 and a debt-to-equity ratio of 298.32. The company’s fifty day moving average is €16.00 and its two-hundred day moving average is €21.52. The stock has a market cap of $774.98 million, a price-to-earnings ratio of 9.21, a P/E/G ratio of 0.75 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.