Ströer SE & Co. KGaA (ETR:SAX) Stock Price Crosses Below 200 Day Moving Average – What’s Next?

Ströer SE & Co. KGaA (ETR:SAX) crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €53.52 ($57.55) and traded as low as €51.90 ($55.81). Ströer SE & Co. KGaA shares last traded at €52.50 ($56.45), with a volume of 70,140 shares changing hands.

Ströer SE & Co. KGaA Stock Up 3.8 %

The stock has a market cap of $3.11 billion, a PE ratio of 26.89, a P/E/G ratio of 0.71 and a beta of 1.24. The business has a 50 day moving average of €53.37 and a 200-day moving average of €53.52. The company has a current ratio of 0.46, a quick ratio of 0.34 and a debt-to-equity ratio of 198.93.

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.