Scout24 (ETR:G24) Shares Up 1% – Here’s Why

Scout24 SE (ETR:G24Get Free Report) shot up 1% during mid-day trading on Wednesday . The company traded as high as €87.00 ($89.69) and last traded at €86.90 ($89.59). 150,667 shares traded hands during mid-day trading, a decline of 33% from the average session volume of 223,980 shares. The stock had previously closed at €86.00 ($88.66).

Scout24 Price Performance

The company’s 50-day simple moving average is €85.06 and its 200 day simple moving average is €77.29. The company has a market capitalization of $6.36 billion, a P/E ratio of 36.98, a P/E/G ratio of 1.51 and a beta of 0.53. The company has a quick ratio of 2.23, a current ratio of 0.45 and a debt-to-equity ratio of 17.14.

About Scout24

(Get Free Report)

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a mortgage financing product under the pay-per-lead model; mortgage and real estate financing advisory services; FLOWFACT and Propstack, which are CRM software solutions for real estate agents; and TenantPlus that provides rental properties.

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