Free Trial

Hypoport (ETR:HYQ) Shares Down 4.1% - Here's Why

Hypoport logo with Financial Services background

Key Points

  • Hypoport SE shares fell by 4.1% to €141.80 ($164.88) during mid-day trading, with a trading volume that increased by 25% compared to its average.
  • The company, with a market cap of $976.91 million, has a PE ratio of 32.05 and operates in various financial service segments including Credit and Insurance Platforms.
  • Hypoport's recent trading figures indicate a decline from its previous closing price of €147.80 ($171.86), with 50 and 200-day moving average prices standing significantly higher.
  • MarketBeat previews the top five stocks to own by October 1st.

Hypoport SE (ETR:HYQ - Get Free Report) shares dropped 4.1% during mid-day trading on Wednesday . The company traded as low as €141.80 ($164.88) and last traded at €141.80 ($164.88). Approximately 12,195 shares traded hands during trading, an increase of 25% from the average daily volume of 9,727 shares. The stock had previously closed at €147.80 ($171.86).

Hypoport Price Performance

The company has a market cap of $976.91 million, a PE ratio of 32.05, a price-to-earnings-growth ratio of 4.52 and a beta of 1.81. The business's 50 day moving average price is €182.78 and its 200-day moving average price is €187.53. The company has a quick ratio of 1.07, a current ratio of 1.54 and a debt-to-equity ratio of 49.66.

Hypoport Company Profile

(Get Free Report)

Hypoport SE operates as a technology-based financial service provider in Germany. The company operates through four segments: Credit Platform, Private Clients, Real Estate Platform, and Insurance Platform. It offers EUROPACE marketplace for independent distributors to process their financing transactions with the product suppliers they represent.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Hypoport Right Now?

Before you consider Hypoport, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hypoport wasn't on the list.

While Hypoport currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

(Almost)  Everything You Need To Know About The EV Market Cover

Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.

Get This Free Report
Like this article? Share it with a colleague.