Sixt (ETR:SIX2) Shares Down 0.7% – Here’s Why

Sixt SE (ETR:SIX2)’s share price traded down 0.7% during mid-day trading on Monday . The company traded as low as €78.75 ($82.89) and last traded at €78.85 ($83.00). 33,671 shares traded hands during trading, a decline of 32% from the average session volume of 49,244 shares. The stock had previously closed at €79.40 ($83.58).

Sixt Stock Performance

The stock’s fifty day simple moving average is €78.99 and its 200-day simple moving average is €71.38. The company has a current ratio of 2.31, a quick ratio of 0.56 and a debt-to-equity ratio of 196.55. The company has a market capitalization of $3.46 billion, a price-to-earnings ratio of 15.69, 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.