Scout24 (ETR:G24) Shares Up 0.6% - Still a Buy?

Key Points

• Scout24 SE's stock price rose by 0.6% to €101.10 ($117.56), with trading volume increasing by 8% from its average session.
• The company has a market capitalization of $7.40 billion and a P/E ratio of 43.01, indicating high valuation metrics.
• Scout24 operates a digital platform, ImmoScout24, catering to the real estate market in Germany and offers various real estate-related services.

Scout24 SE (ETR:G24 - )'s stock price shot up 0.6% during trading on Wednesday . The company traded as high as €101.10 ($117.56) and last traded at €101.10 ($117.56). 242,430 shares traded hands during trading, an increase of 8% from the average session volume of 223,980 shares. The stock had previously closed at €100.50 ($116.86).

Scout24 Stock Up 0.6%

The company has a debt-to-equity ratio of 3.99, a quick ratio of 2.23 and a current ratio of 0.45. The firm has a market capitalization of $7.40 billion, a P/E ratio of 43.01, a P/E/G ratio of 1.51 and a beta of 0.53. The stock has a fifty day moving average price of €108.05 and a two-hundred day moving average price of €111.07.

Scout24 Company Profile

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.

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