Takkt (ETR:TTK) Sets New 52-Week Low – What’s Next?

Takkt Ag (ETR:TTK) reached a new 52-week low during trading on Wednesday . The company traded as low as €8.60 ($9.15) and last traded at €8.49 ($9.03), with a volume of 11894 shares. The stock had previously closed at €8.72 ($9.28).

Takkt Stock Down 2.6 %

The company has a market capitalization of $550.07 million, a PE ratio of 107.63, a P/E/G ratio of -30.58 and a beta of 1.11. The stock’s fifty day moving average is €9.64 and its two-hundred day moving average is €10.86. The company has a current ratio of 1.45, a quick ratio of 0.77 and a debt-to-equity ratio of 27.48.

Takkt Company Profile

TAKKT AG operates as a B2B direct marketing company for business equipment in Germany, the rest of Europe, and the United States, and internationally. The company operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService. The Industrial & Packaging segment offers pallet lifting trucks and swivel chairs; special-purpose products, including environmental cabinets and containers for hazardous materials, as well as collapsible boxes, package paddings, shipping pallets, and stretch films under the kaiserkraft name; shipping packaging products under the ratioform brand; and a wide range of office furniture and business equipment under the BiGDUG and OfficeFurnitureOnline names.