Scout24 (ETR:G24) Stock Jumps 2.1% – Here’s Why

Scout24 SE (ETR:G24 – Get Free Report) was up 2.1% on Wednesday. The company traded as high as €75.00 and last traded at €74.90. 327,482 shares traded hands during trading, an increase of 46% from the average daily volume of 223,980 shares. The stock had previously closed at €73.35.

Scout24 Stock Up 7.5%

The business has a 50-day moving average price of €74.10 and a 200-day moving average price of €72.60. The stock has a market cap of $5.80 billion, a PE ratio of 33.74, a price-to-earnings-growth ratio of 1.51 and a beta of 0.59. The company has a current ratio of 0.23, a quick ratio of 2.23 and a debt-to-equity ratio of 37.84.

About Scout24

(Get Free Report)

Scout24 SE operates ImmoScout24, a digital platform for the residential and commercial real estate sectors in Germany and internationally. The company offers Realtor Lead Engine and Immoverkauf24 products for selling real estate; Mortgage Lead Engine, a mortgage financing product under the pay-per-lead model; mortgage and real estate financing advisory services; FLOWFACT and Propstack, which are CRM software solutions for real estate agents; and TenantPlus that provides rental properties. In addition, it offers BuyerPlus for users looking to buy properties; LivingPlus provides coverage and support for tenant protection; and LettingPlus, a cloud-based software solution.

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