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Grenke (ETR:GLJ) Trading Up 0.7% - Time to Buy?

Grenke logo with Financial Services background

Shares of Grenke AG (ETR:GLJ - Get Free Report) rose 0.7% during trading on Thursday . The stock traded as high as €14.22 ($16.34) and last traded at €13.98 ($16.07). Approximately 118,340 shares were traded during mid-day trading, The stock had previously closed at €13.88 ($15.95).

Grenke Price Performance

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 stock has a market cap of $620.96 million, a PE ratio of 7.55, a PEG ratio of 0.75 and a beta of 1.51. The stock's 50-day moving average is €13.64 and its two-hundred day moving average is €15.26.

About Grenke

(Get Free Report)

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.

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