Sixt (ETR:SIX2) Stock Price Down 0.7% – Time to Sell?

Sixt SE (ETR:SIX2)’s share price dropped 0.7% during trading on Monday . The stock traded as low as €83.15 ($86.61) and last traded at €83.80 ($87.29). Approximately 52,903 shares traded hands during trading, an increase of 7% from the average daily volume of 49,244 shares. The stock had previously closed at €84.40 ($87.92).

Sixt Stock Performance

The company has a quick ratio of 0.56, a current ratio of 1.97 and a debt-to-equity ratio of 241.73. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of 16.08, a PEG ratio of 23.89 and a beta of 1.96. The company has a 50 day moving average of €76.67 and a 200 day moving average of €69.99.

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.