Grenke (ETR:GLJ) Hits New 1-Year Low – Here’s What Happened

Grenke AG (ETR:GLJ)’s stock price reached a new 52-week low during trading on Monday . The stock traded as low as €15.72 ($16.21) and last traded at €15.64 ($16.12), with a volume of 74170 shares. The stock had previously closed at €15.72 ($16.21).

Grenke Trading Down 0.8 %

The stock’s fifty day simple moving average is €19.40 and its two-hundred day simple moving average is €22.64. The firm has a market cap of $705.85 million, a PE ratio of 8.39, a PEG ratio of 0.75 and a beta of 1.51. The company has a quick ratio of 2.26, a current ratio of 2.22 and a debt-to-equity ratio of 298.32.

About Grenke

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.