Grenke (OTCMKTS:GKSGF) Stock Price Down 29.9% – Should You Sell?

Grenke AG (OTCMKTS:GKSGFGet Free Report)’s stock price dropped 29.9% during mid-day trading on Thursday . The stock traded as low as $15.39 and last traded at $15.39. Approximately 100 shares were traded during trading, an increase of 0% from the average daily volume of 100 shares. The stock had previously closed at $21.95.

Grenke Stock Performance

The company has a 50 day moving average of $21.74 and a 200-day moving average of $21.89.

Grenke Company Profile

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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.

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