Shares of Bechtle AG (OTCMKTS:BECTY – Get Free Report) dropped 8.5% during trading on Monday . The company traded as low as $8.33 and last traded at $8.35. 240 shares changed hands during trading, a decline of 83% from the average session volume of 1,448 shares. The stock had previously closed at $9.1251.
Bechtle Stock Performance
The company’s 50 day moving average price is $8.28 and its two-hundred day moving average price is $7.58.
About Bechtle
Bechtle AG is a Europe-based provider of IT infrastructure and services, operating through two main segments: IT Systemhaus & Managed Services and IT E-commerce. In its Systemhaus division, Bechtle delivers design, implementation and support for data center solutions, network and security architectures, cloud services, managed print services and workplace management. Its E-commerce segment offers customers direct access to a broad catalogue of hardware, software and peripherals from leading global vendors via online platforms tailored to private and public sector clients.
Founded in 1983 and headquartered in Neckarsulm, Germany, Bechtle has grown organically and through acquisitions to establish a presence in more than a dozen European countries.
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