Ströer SE & Co. KGaA (ETR:SAX) Stock Price Up 0.8% – Here’s Why

Shares of Ströer SE & Co. KGaA (ETR:SAX) shot up 0.8% during trading on Friday . The company traded as high as €34.12 and last traded at €34.06. Approximately 41,396 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 132,494 shares. The stock had previously closed at €33.80.

Ströer SE & Co. KGaA Stock Up 0.8%

The firm has a 50 day moving average price of €36.06 and a two-hundred day moving average price of €34.97. The company has a quick ratio of 0.34, a current ratio of 0.61 and a debt-to-equity ratio of 366.50. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 16.81, a P/E/G ratio of 0.71 and a beta of 1.04.

Ströer SE & Co. KGaA Company Profile

Ströer SE & Co KGaA provides out-of-home (OOH) media and online advertising solutions in Germany and internationally. It operates through three segments: Out-of-Home Media, Digital & Dialog Media, and Data As A Service (DaaS) & E-Commerce. The company offers various OOH advertising media services, such as traditional posters media and advertisements at bus and tram shelters and on public transport; and digital advertising services. It also operates t-online.de, which publishes news, analyses, reports and interviews through digital channels; information services for digital natives through special interest portals, such as giga.de, kino.de, desired, familie.de, spieletipps.de, and SpielAffe.de; and call centers focus on customer experience and sales for telecommunications, energy, retail, financial services, and medica sectors.