Scout24 (ETR:G24) Trading 0.4% Higher - Here's What Happened

Key Points

• Scout24 SE's stock price increased by 0.4%, reaching a last trade price of €119.50 ($137.36) during mid-day trading, with a total of 92,963 shares exchanged, significantly lower than its average volume.
• The company's market capitalization stands at $8.74 billion, with a PE ratio of 50.84 and a debt-to-equity ratio of 3.99, indicating a relatively high level of leverage.
• Scout24 operates ImmoScout24, providing digital real estate solutions in Germany, including services such as mortgage financing and CRM software for real estate agents.

Scout24 SE (ETR:G24 - Get Free Report) shares were up 0.4% during mid-day trading on Wednesday . The company traded as high as €120.70 ($140.35) and last traded at €119.50 ($138.95). Approximately 92,963 shares traded hands during mid-day trading, a decline of 58% from the average daily volume of 223,980 shares. The stock had previously closed at €119.00 ($138.37).

Scout24 Price Performance

The stock has a market cap of $8.47 billion, a price-to-earnings ratio of 49.27, a price-to-earnings-growth ratio of 1.51 and a beta of 0.53. The stock has a fifty day simple moving average of €118.46 and a 200-day simple moving average of €105.39. The company has a current ratio of 0.45, a quick ratio of 2.23 and a debt-to-equity ratio of 3.99.

About Scout24

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a mortgage financing product under the pay-per-lead model; mortgage and real estate financing advisory services; FLOWFACT and Propstack, which are CRM software solutions for real estate agents; and TenantPlus that provides rental properties.