Sixt (ETR:SIX2) Trading Down 1.6% – Here’s Why

Sixt SE (ETR:SIX2) shares traded down 1.6% on Thursday . The company traded as low as €70.30 ($73.23) and last traded at €70.55 ($73.49). 29,201 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 49,244 shares. The stock had previously closed at €71.70 ($74.69).

Sixt Price Performance

The company has a debt-to-equity ratio of 241.73, a current ratio of 1.97 and a quick ratio of 0.56. The stock has a 50 day simple moving average of €69.65 and a two-hundred day simple moving average of €68.87. The company has a market cap of $2.16 billion, a price-to-earnings ratio of 13.82, a price-to-earnings-growth ratio of 23.89 and a beta of 1.96.

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.