Ströer SE & Co. KGaA (ETR:SAX) Trading Down 0.7% – Here’s Why

Ströer SE & Co. KGaA (ETR:SAXGet Free Report) fell 0.7% on Thursday . The stock traded as low as €47.42 ($49.40) and last traded at €47.46 ($49.44). 29,319 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 132,494 shares. The stock had previously closed at €47.80 ($49.79).

Ströer SE & Co. KGaA Trading Down 0.9 %

The firm has a market cap of $2.60 billion, a price-to-earnings ratio of 24.07, a price-to-earnings-growth ratio of 0.71 and a beta of 1.24. The company has a quick ratio of 0.34, a current ratio of 0.47 and a debt-to-equity ratio of 461.30. The business has a 50 day moving average price of €54.22 and a 200-day moving average price of €58.97.

Ströer SE & Co. KGaA Company Profile

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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.

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