MLP (ETR:MLP) Shares Down 1.2% - Time to Sell?

Key Points

• MLP SE shares fell 1.2% to €7.32 ($8.51), with trading volume decreasing by 41% compared to the average session.
• The company has a debt-to-equity ratio of 543.55, indicating a high level of debt compared to equity.
• MLP provides financial services in Germany, operating through various segments including financial consulting and banking.

MLP SE (ETR:MLP - ) shares traded down 1.2% during trading on Wednesday . The company traded as low as €7.28 ($8.47) and last traded at €7.32 ($8.51). 120,617 shares changed hands during trading, a decline of 41% from the average session volume of 203,095 shares. The stock had previously closed at €7.41 ($8.62).

MLP Price Performance

The company has a debt-to-equity ratio of 543.55, a quick ratio of 98.06 and a current ratio of 232.94. The company has a 50-day moving average price of €7.44 and a 200-day moving average price of €7.91. The firm has a market capitalization of $797.78 million, a P/E ratio of 12.36, a price-to-earnings-growth ratio of 1.55 and a beta of 0.95.

About MLP

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.