MLP (ETR:MLP) Shares Down 0.1% - What's Next?

Key Points

• MLP SE shares traded down 0.1%, closing at €7.11 ($8.36) with a significant decrease in volume, down 55% from the average.
• The company has a market capitalization of $774.89 million and a P/E ratio of 12.01, indicating a stable financial position.
• MLP SE provides various financial services in Germany, including financial consulting, banking, and insurance brokerage, catering to private and institutional clients.

Shares of MLP SE (ETR:MLP - ) traded down 0.1% during trading on Wednesday . The stock traded as low as €7.10 ($8.35) and last traded at €7.11 ($8.36). 91,757 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 203,095 shares. The stock had previously closed at €7.12 ($8.38).

MLP Stock Performance

The stock has a market capitalization of $774.89 million, a P/E ratio of 12.01, a PEG ratio of 1.55 and a beta of 0.95. The firm has a 50-day moving average of €7.87 and a 200 day moving average of €7.89. The company has a quick ratio of 98.06, a current ratio of 232.94 and a debt-to-equity ratio of 543.55.

MLP Company Profile

MLP SE, together with its subsidiaries, provides financial services to private, corporate, and institutional clients in Germany. The company operates through Financial Consulting, Banking, FERI, DOMCURA, Industrial Broker, and Deutschland.Immobilien segments. The Financial Consulting segment offers consulting services for academics and other clients related to insurance, investments, occupational pension provision schemes, and loans and mortgages, as well as the brokering of contracts in financial services.

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.