Ströer SE & Co. KGaA (ETR:SAX) Shares Up 1.5% – Time to Buy?

Ströer SE & Co. KGaA (ETR:SAX)’s share price shot up 1.5% during trading on Wednesday . The company traded as high as €38.26 and last traded at €37.62. Approximately 43,023 shares changed hands during trading, a decline of 68% from the average daily volume of 132,494 shares. The stock had previously closed at €37.06.

Ströer SE & Co. KGaA Stock Up 1.5%

The company has a debt-to-equity ratio of 490.13, a current ratio of 0.48 and a quick ratio of 0.34. The company’s 50-day simple moving average is €38.26 and its 200 day simple moving average is €36.04. The firm has a market cap of $2.15 billion, a P/E ratio of 18.56, a price-to-earnings-growth ratio of 0.71 and a beta of 1.05.

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.