Mon Sep 23 23:12:58 UTC 2024: ## Scout24 SE Hits New 52-Week High, Driven by Strong Market Performance

**Frankfurt, Germany – September 23, 2024** – Shares of Scout24 SE (ETR:G24), a leading digital platform for real estate in Germany and internationally, reached a new 52-week high on Monday. The stock traded as high as €75.75 ($84.17) before closing at €77.35 ($85.94), with a volume of 120,409 shares.

This surge in price is attributed to the company’s robust performance in the real estate market. Scout24 operates a range of services, including online property listings, mortgage financing, CRM software for real estate agents, and tenant management solutions.

Analysts point to the company’s strong financials as another factor driving the stock’s growth. Scout24 boasts a market capitalization of $5.66 billion, a P/E ratio of 32.13, and a P/E/G ratio of 1.51.

This positive trend reflects the strong demand for digital real estate solutions, especially in the German market, where Scout24 enjoys a dominant position. Investors are increasingly optimistic about the company’s future prospects, leading to this significant surge in stock price.

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