MLP (ETR:MLP) Trading 3.9% Higher - Here's What Happened

Key Points

• MLP SE shares saw an increase of 3.9% on Tuesday, trading at €8.33 ($9.69), after closing at €8.02 ($9.33) the previous day.
• The stock's trading volume dropped by 57% compared to its average, with only 88,173 shares traded during mid-day.
• MLP SE operates in Germany, providing financial services across multiple segments, including consulting and banking for private and corporate clients.

Shares of MLP SE (ETR:MLP - ) traded up 3.9% during trading on Tuesday . The stock traded as high as €8.33 ($9.69) and last traded at €8.33 ($9.69). 88,173 shares changed hands during mid-day trading, a decline of 57% from the average session volume of 203,095 shares. The stock had previously closed at €8.02 ($9.33).

MLP Price Performance

The stock's fifty day moving average is €8.57 and its 200-day moving average is €7.79. The stock has a market capitalization of $901.31 million, a PE ratio of 13.97, a P/E/G ratio of 1.55 and a beta of 0.95. The company has a debt-to-equity ratio of 543.55, a current ratio of 232.94 and a quick ratio of 98.06.

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.

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