Grenke (ETR:GLJ) Trading Up 0.9% – Still a Buy?

Grenke AG (ETR:GLJ)’s share price rose 0.9% during mid-day trading on Monday . The company traded as high as €16.08 and last traded at €15.98. Approximately 56,509 shares traded hands during trading, The stock had previously closed at €15.84.

Grenke Stock Up 0.9%

The company has a current ratio of 1.19, a quick ratio of 2.26 and a debt-to-equity ratio of 347.44. The stock has a market cap of $713.89 million, a P/E ratio of 8.68, a PEG ratio of 0.75 and a beta of 1.51. The company’s 50 day moving average price is €14.88 and its two-hundred day moving average price is €16.15.

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.