Ströer SE & Co. KGaA (ETR:SAX) Stock Jumps 1.5% – Here’s Why

Ströer SE & Co. KGaA (ETR:SAX)’s share price shot up 1.5% during trading on Wednesday. The company traded as high as €38.26 and last traded at €37.62. 43,023 shares were traded during trading, a decline of 68% from the average daily volume of 132,494 shares. The stock had previously closed at €37.06.

Ströer SE & Co. KGaA Stock Performance

The company has a market cap of $2.12 billion, a P/E ratio of 18.36, a P/E/G ratio of 0.71 and a beta of 1.05. The company has a quick ratio of 0.34, a current ratio of 0.48 and a debt-to-equity ratio of 490.13. The business has a fifty day simple moving average of €38.29 and a two-hundred day simple moving average of €36.07.

Ströer SE & Co. KGaA Company Profile

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. It also operates t-online.de, which publishes news, analyses, reports and interviews through digital channels; information services for digital natives through special interest portals, such as giga.de, kino.de, desired, familie.de, spieletipps.de, and SpielAffe.de; and call centers focus on customer experience and sales for telecommunications, energy, retail, financial services, and medica sectors.