Grenke (ETR:GLJ) Shares Up 1% – What’s Next?

Shares of Grenke AG (ETR:GLJ) traded up 1% during trading on Wednesday . The stock traded as high as €25.50 ($28.02) and last traded at €25.45 ($27.97). 37,255 shares traded hands during trading, The stock had previously closed at €25.20 ($27.69).

Grenke Trading Up 1.0 %

The company has a quick ratio of 2.26, a current ratio of 2.22 and a debt-to-equity ratio of 298.32. The firm has a market capitalization of $1.16 billion, a price-to-earnings ratio of 13.76, a price-to-earnings-growth ratio of 0.75 and a beta of 1.51. The firm’s 50 day moving average is €24.98 and its 200 day moving average is €23.70.

Grenke Company Profile

Grenke AG, together with its subsidiaries, provides financial services to small and medium-sized (SME) enterprises in Germany, France, Italy, and internationally. It operates through three segments: Leasing, Banking, and Factoring. The company is involved in the leasing activities, such as financing to commercial lessees, rental, service, protection, and maintenance offerings, as well as sale of used equipment; and small-ticket leasing of IT products, such as PCs, notebooks, servers, monitors, software, and other peripheral equipment; leasing office communication products, that includes telecommunication and copier equipment, as well as medical technology products, small machinery and systems, and security devices; and leasing green economy objects, such as wallboxes, photovoltaic systems, and eBikes.