Grenke (ETR:GLJ) Shares Down 1.5% – What’s Next?

Grenke AG (ETR:GLJ) shares traded down 1.5% during mid-day trading on Thursday . The stock traded as low as €14.22 and last traded at €14.28. 57,399 shares changed hands during mid-day trading, The stock had previously closed at €14.50.

Grenke Trading Down 0.1%

The company has a quick ratio of 2.26, a current ratio of 1.19 and a debt-to-equity ratio of 347.44. The company’s 50-day moving average is €16.12 and its 200 day moving average is €15.79. The company has a market cap of $640.62 million, a price-to-earnings ratio of 7.79, a price-to-earnings-growth ratio of 0.75 and a beta of 1.51.

About Grenke

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.