Ströer SE & Co. KGaA (ETR:SAX) Stock Price Down 0.3% – Here’s Why

Ströer SE & Co. KGaA (ETR:SAX)’s share price fell 0.3% on Wednesday . The stock traded as low as €35.20 and last traded at €35.75. 72,583 shares changed hands during mid-day trading, a decline of 45% from the average session volume of 132,494 shares. The stock had previously closed at €35.85.

Ströer SE & Co. KGaA Trading Down 0.3%

The company has a debt-to-equity ratio of 198.93, a quick ratio of 0.34 and a current ratio of 0.46. The company has a market cap of $2.04 billion, a P/E ratio of 17.64, a price-to-earnings-growth ratio of 0.71 and a beta of 1.24. The stock has a 50-day moving average of €37.22 and a two-hundred day moving average of €42.93.

About Ströer SE & Co. KGaA

Ströer SE & Co KGaA provides out-of-home (OOH) media and online advertising solutions in Germany and internationally. It operates through three segments: Out-of-Home Media, Digital & Dialog Media, and Data As A Service (DaaS) & E-Commerce. The company offers various OOH advertising media services, such as traditional posters media and advertisements at bus and tram shelters and on public transport; and digital advertising services.