Sixt (ETR:SIX2) Trading Up 2.1% – Here’s What Happened

Sixt SE (ETR:SIX2) shares rose 2.1% during mid-day trading on Friday . The company traded as high as €76.20 ($80.21) and last traded at €75.55 ($79.53). Approximately 63,441 shares changed hands during mid-day trading, an increase of 29% from the average daily volume of 49,244 shares. The stock had previously closed at €74.00 ($77.89).

Sixt Price Performance

The company has a debt-to-equity ratio of 241.73, a current ratio of 1.97 and a quick ratio of 0.56. The company’s 50 day simple moving average is €71.96 and its 200 day simple moving average is €68.08. The company has a market capitalization of $2.29 billion, a PE ratio of 14.70, a price-to-earnings-growth ratio of 23.89 and a beta of 1.96.

About Sixt

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.