Ströer SE & Co. KGaA (ETR:SAX) Stock Price Down 1% – Here’s Why

Shares of Ströer SE & Co. KGaA (ETR:SAX) fell 1% during mid-day trading on Thursday . The stock traded as low as €56.35 ($60.59) and last traded at €56.95 ($61.24). 56,808 shares traded hands during trading, a decline of 57% from the average session volume of 132,494 shares. The stock had previously closed at €57.50 ($61.83).

Ströer SE & Co. KGaA Stock Performance

The company has a 50 day simple moving average of €56.32 and a 200-day simple moving average of €53.37. The company has a debt-to-equity ratio of 198.93, a current ratio of 0.46 and a quick ratio of 0.34. The stock has a market cap of $3.25 billion, a P/E ratio of 28.10, a price-to-earnings-growth ratio of 0.71 and a beta of 1.24.

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.