Sixt (ETR:SIX2) Stock Price Up 0.1% - What's Next?

Key Points

• Sixt SE's stock price increased by 0.1%, closing at €85.35 ($100.41), after reaching a high of €85.85 ($101.00) during trading.
• The company has a significant debt-to-equity ratio of 196.55 and a market capitalization of $3.74 billion, indicating a high leverage in its capital structure.
• Sixt provides diverse mobility services, including car rentals, car sharing, and micro-mobility services through its SIXT app, catering to both private and business customers worldwide.

Shares of Sixt SE (ETR:SIX2 - ) rose 0.1% on Wednesday . The stock traded as high as €85.85 ($101.00) and last traded at €85.35 ($100.41). Approximately 18,881 shares were traded during mid-day trading, a decline of 62% from the average daily volume of 49,244 shares. The stock had previously closed at €85.30 ($100.35).

Sixt Stock Up 0.1%

The company has a current ratio of 2.31, a quick ratio of 0.56 and a debt-to-equity ratio of 196.55. The firm has a market capitalization of $3.74 billion, a P/E ratio of 16.98, a P/E/G ratio of 23.89 and a beta of 1.96. The company has a 50 day simple moving average of €89.55 and a two-hundred day simple moving average of €83.52.

About Sixt

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.

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