Hypoport (ETR:HYQ) Shares Down 6.9% – Here’s What Happened

Hypoport SE (ETR:HYQGet Free Report)’s share price was down 6.9% during trading on Thursday . The stock traded as low as €222.00 ($241.30) and last traded at €222.00 ($241.30). Approximately 17,059 shares were traded during trading, an increase of 75% from the average daily volume of 9,727 shares. The stock had previously closed at €238.40 ($259.13).

Hypoport Stock Down 6.9 %

The firm has a market capitalization of $1.49 billion, a P/E ratio of 53.62, a PEG ratio of 4.52 and a beta of 1.81. The firm’s fifty day moving average price is €272.41 and its 200-day moving average price is €276.41. The company has a debt-to-equity ratio of 51.95, a current ratio of 1.58 and a quick ratio of 1.07.

About Hypoport

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Hypoport SE operates as a technology-based financial service provider in Germany. The company operates through four segments: Credit Platform, Private Clients, Real Estate Platform, and Insurance Platform. It offers EUROPACE marketplace for independent distributors to process their financing transactions with the product suppliers they represent.

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