Takkt (ETR:TTK) Trading Down 0.8% – Here’s What Happened

Takkt Ag (ETR:TTKGet Free Report) shares fell 0.8% on Wednesday . The stock traded as low as €3.68 and last traded at €3.72. 95,981 shares traded hands during mid-day trading, an increase of 41% from the average session volume of 67,952 shares. The stock had previously closed at €3.75.

Takkt Price Performance

The firm’s 50 day moving average price is €4.22 and its two-hundred day moving average price is €5.13. The company has a debt-to-equity ratio of 24.64, a current ratio of 1.41 and a quick ratio of 0.77. The stock has a market cap of $246.18 million, a PE ratio of -104.15, a P/E/G ratio of -30.58 and a beta of 1.11.

Takkt Company Profile

(Get Free Report)

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.

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