Grenke (ETR:GLJ) Shares Down 1.1%

Grenke AG (ETR:GLJ)’s stock price was down 1.1% on Friday . The stock traded as low as €22.15 ($23.56) and last traded at €22.30 ($23.72). Approximately 51,935 shares traded hands during trading, The stock had previously closed at €22.55 ($23.99).

Grenke Stock Performance

The company has a current ratio of 2.27, a quick ratio of 2.26 and a debt-to-equity ratio of 318.07. The company’s 50-day moving average price is €23.19 and its two-hundred day moving average price is €22.80. The company has a market cap of $1.04 billion, a P/E ratio of 12.46, a price-to-earnings-growth ratio of 0.64 and a beta of 1.51.

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.