Sixt (ETR:SIX2) Trading Down 2.3% - Time to Sell?

Sixt SE (ETR:SIX2 - Get Free Report)'s stock price dropped 2.3% during trading on Wednesday . The stock traded as low as €75.85 ($87.18) and last traded at €75.85 ($87.18). Approximately 21,728 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 49,244 shares. The stock had previously closed at €77.65 ($89.25).

Sixt Stock Down 2.3%

The company has a market capitalization of $3.33 billion, a price-to-earnings ratio of 15.09, a PEG ratio of 23.89 and a beta of 1.96. 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's 50-day moving average price is €80.81 and its 200 day moving average price is €79.66.

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.

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