Grenke (ETR:GLJ) Stock Price Up 2.2% – Still a Buy?
by Sarita Garza · The Markets DailyShares of Grenke AG (ETR:GLJ – Get Free Report) shot up 2.2% on Thursday . The company traded as high as €12.98 and last traded at €12.84. 63,254 shares changed hands during mid-day trading, The stock had previously closed at €12.56.
Grenke Trading Up 2.2%
The company has a quick ratio of 2.26, a current ratio of 3.13 and a debt-to-equity ratio of 652.66. The stock’s 50 day moving average is €14.06 and its 200-day moving average is €14.96. The company has a market cap of $573.61 million, a PE ratio of 6.98, a P/E/G ratio of 0.75 and a beta of 1.46.
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.