Grenke (ETR:GLJ) Trading 0.8% Higher - Time to Buy?

Grenke AG (ETR:GLJ - Get Free Report)'s share price traded up 0.8% on Monday . The stock traded as high as €17.88 ($21.04) and last traded at €17.80 ($20.94). 40,528 shares changed hands during mid-day trading, The stock had previously closed at €17.66 ($20.78).

Grenke Trading Up 2.3%

The company has a debt-to-equity ratio of 347.44, a quick ratio of 2.26 and a current ratio of 1.19. The company has a 50 day moving average of €15.23 and a two-hundred day moving average of €15.29. The stock has a market cap of $839.86 million, a PE ratio of 10.22, a price-to-earnings-growth ratio of 0.75 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.