Sixt (ETR:SIX2) Trading Down 1.1% - Here's What Happened

Key Points

• Sixt SE shares experienced a decline of 1.1%, trading at €92.85 ($106.72) after fluctuating as low as €92.65 ($106.49) during the session.
• The company reported a market capitalization of $4.07 billion and a P/E ratio of 18.47, indicating its valuation metrics amid the current market conditions.
• Sixt offers a range of mobility services globally, including car rentals, vehicle sharing, and micro-mobility options like e-scooters and e-bikes, primarily through its SIXT app.

Shares of Sixt SE (ETR:SIX2 - Get Free Report) traded down 1.1% on Wednesday . The stock traded as low as €92.65 ($107.73) and last traded at €92.85 ($107.97). 33,569 shares changed hands during mid-day trading, a decline of 32% from the average session volume of 49,244 shares. The stock had previously closed at €93.85 ($109.13).

Sixt Stock Performance

The company has a debt-to-equity ratio of 196.55, a quick ratio of 0.56 and a current ratio of 2.31. The company has a market capitalization of $3.85 billion, a P/E ratio of 17.44, a price-to-earnings-growth ratio of 23.89 and a beta of 1.96. The business has a 50 day moving average of €85.13 and a 200-day moving average of €82.21.

Sixt Company Profile

Sixt SE, through its subsidiaries, provides mobility services through corporate and franchise station network for private and business customers worldwide. It offers its products through SIXT app, which comprises SIXT rent, a car rental service; SIXT van & truck for commercial vehicle rental; SIXT share, a car sharing service, as well as offers micro-mobility services through e-scooters, e-mopeds, and e-bikes; SIXT+ for car subscriptions/long-term rentals; and SIXT ride, which includes transfer services, chauffeur services, and event transport services.