Grenke (ETR:GLJ) Sets New 12-Month Low – Time to Sell?

Grenke AG (ETR:GLJ)’s stock price hit a new 52-week low on Tuesday . The company traded as low as €15.44 ($16.25) and last traded at €15.56 ($16.38), with a volume of 69983 shares traded. The stock had previously closed at €15.72 ($16.55).

Grenke Stock Down 1.0 %

The company has a market capitalization of $707.67 million, a PE ratio of 8.50, a P/E/G ratio of 0.75 and a beta of 1.51. The company has a quick ratio of 2.26, a current ratio of 2.22 and a debt-to-equity ratio of 298.32. The stock has a 50-day moving average of €20.69 and a 200 day moving average of €22.93.

Grenke Company Profile

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.