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Grenke AG (GKSGF)

Other OTC - Other OTC Delayed price. Currency in USD
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44.870.00 (0.00%)
At close: 9:34AM EDT
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Trade prices are not sourced from all markets
Previous close44.87
Bid0.00 x 0
Ask0.00 x 0
Day's range44.87 - 44.87
52-week range33.90 - 47.35
Avg. volume36
Market cap2.088B
Beta (5Y monthly)1.69
PE ratio (TTM)22.29
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend dateN/A
1y target estN/A
  • Reuters

    Grenke's founder suspends board seat in wake of critical report

    German leasing business Grenke <GLJn.DE> said on Monday that its founder Wolfgang Grenke would temporarily give up his seat on the supervisory board in the wake of a critical report by a short seller accusing the company of fraud. The announcements came after short-seller Viceroy Research released a 64-page report last week in which it accused the company of malfeasance, causing its shares to dive. Monday's announcement seeks to ease concerns about one of the central allegations of the report - the role of the company's founder as well as a franchise model that helped it to expand globally.