Takkt (ETR:TTK) Stock Price Up 1.2% – Should You Buy?

Takkt Ag (ETR:TTK) shares traded up 1.2% during trading on Wednesday . The company traded as high as €3.87 and last traded at €3.84. 34,168 shares were traded during trading, a decline of 50% from the average session volume of 67,952 shares. The stock had previously closed at €3.79.

Takkt Price Performance

The firm has a market capitalization of $248.77 million, a PE ratio of -105.24, a P/E/G ratio of -30.58 and a beta of 1.11. The company has a current ratio of 1.41, a quick ratio of 0.77 and a debt-to-equity ratio of 24.64. The company has a fifty day moving average price of €4.65 and a two-hundred day moving average price of €5.57.

About Takkt

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.