Sixt (ETR:SIX2) Stock Price Up 2.1% – Here’s Why

Sixt SE (ETR:SIX2)’s share price shot up 2.1% during mid-day trading on Friday . The stock traded as high as €76.20 ($80.21) and last traded at €75.55 ($79.53). 63,441 shares changed hands during trading, an increase of 29% from the average session volume of 49,244 shares. The stock had previously closed at €74.00 ($77.89).

Sixt Trading Down 0.3 %

The company has a market capitalization of $2.29 billion, a P/E ratio of 14.66, a PEG ratio of 23.89 and a beta of 1.96. The business has a 50 day moving average price of €71.96 and a 200 day moving average price of €68.02. The company has a current ratio of 1.97, a quick ratio of 0.56 and a debt-to-equity ratio of 241.73.

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.