Ströer SE & Co. KGaA (ETR:SAX) Stock Price Down 1.3% – What’s Next?

Ströer SE & Co. KGaA (ETR:SAX)’s stock price dropped 1.3% during mid-day trading on Friday . The company traded as low as €47.96 ($50.48) and last traded at €48.12 ($50.65). 35,945 shares traded hands during trading, a decline of 73% from the average session volume of 132,494 shares. The stock had previously closed at €48.76 ($51.33).

Ströer SE & Co. KGaA Price Performance

The company has a debt-to-equity ratio of 461.30, a quick ratio of 0.34 and a current ratio of 0.47. The business has a 50-day simple moving average of €51.98 and a 200 day simple moving average of €57.38. The firm has a market cap of $2.71 billion, a P/E ratio of 25.04, a price-to-earnings-growth ratio of 0.71 and a beta of 1.24.

About Ströer SE & Co. KGaA

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.