Hypoport (ETR:HYQ) Trading Down 1.5% - Here's Why

Key Points

• Hypoport SE shares fell by 1.5% to €142.40 ($165.58), after reaching a low of €141.20 ($164.19) during trading.
• Trading volume increased significantly, with approximately 14,283 shares exchanged, a 47% rise from the daily average.
• The company has a market capitalization of $981.04 million and operates multiple platforms for financial services in Germany.

Shares of Hypoport SE (ETR:HYQ - ) were down 1.5% on Wednesday . The stock traded as low as €141.20 ($164.19) and last traded at €142.40 ($165.58). Approximately 14,283 shares were traded during mid-day trading, an increase of 47% from the average daily volume of 9,727 shares. The stock had previously closed at €144.60 ($168.14).

Hypoport Stock Performance

The company has a debt-to-equity ratio of 49.66, a current ratio of 1.54 and a quick ratio of 1.07. The stock has a fifty day simple moving average of €146.77 and a two-hundred day simple moving average of €177.52. The firm has a market capitalization of $981.04 million, a P/E ratio of 32.19, a P/E/G ratio of 4.52 and a beta of 1.81.

About Hypoport

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.

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