Grenke (ETR:GLJ) Trading Up 1.3% – Here’s What Happened

Grenke AG (ETR:GLJ)’s stock price was up 1.3% during mid-day trading on Wednesday . The company traded as high as €17.62 ($18.35) and last traded at €17.42 ($18.15). Approximately 79,694 shares changed hands during mid-day trading, The stock had previously closed at €17.20 ($17.92).

Grenke Price Performance

The stock has a fifty day moving average price of €16.22 and a 200-day moving average price of €20.26. The firm has a market capitalization of $778.22 million, a PE ratio of 9.47, a P/E/G ratio of 0.75 and a beta of 1.51. The company has a debt-to-equity ratio of 347.44, a quick ratio of 2.26 and a current ratio of 1.19.

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.