Sixt (ETR:SIX2) Shares Up 1.8% – Should You Buy?

Sixt SE (ETR:SIX2) shares shot up 1.8% during mid-day trading on Friday . The company traded as high as €79.15 ($81.60) and last traded at €79.05 ($81.49). 40,904 shares were traded during mid-day trading, a decline of 17% from the average session volume of 49,244 shares. The stock had previously closed at €77.65 ($80.05).

Sixt Price Performance

The stock has a market capitalization of $2.40 billion, a P/E ratio of 15.35, a price-to-earnings-growth ratio of 23.89 and a beta of 1.96. The company has a debt-to-equity ratio of 241.73, a quick ratio of 0.56 and a current ratio of 1.97. The firm has a 50-day moving average price of €73.84 and a 200 day moving average price of €68.30.

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.