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

Shares of Takkt Ag (ETR:TTK) were up 1.2% during mid-day trading on Wednesday . The company traded as high as €3.79 and last traded at €3.79. Approximately 8,714 shares were traded during trading, a decline of 87% from the average daily volume of 67,952 shares. The stock had previously closed at €3.75.

Takkt Stock Up 1.2%

The company has a debt-to-equity ratio of 24.64, a quick ratio of 0.77 and a current ratio of 1.41. The stock has a market cap of $241.64 million, a price-to-earnings ratio of -102.22, a price-to-earnings-growth ratio of -30.58 and a beta of 1.11. The business’s 50 day moving average is €3.86 and its 200 day moving average is €4.81.

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.