Takkt (ETR:TTK) Shares Up 0.4% – Here’s What Happened

Takkt Ag (ETR:TTK)’s stock price shot up 0.4% during trading on Tuesday . The stock traded as high as €2.36 and last traded at €2.31. 10,243 shares were traded during trading, a decline of 85% from the average session volume of 67,952 shares. The stock had previously closed at €2.30.

Takkt Stock Down 0.8%

The company has a current ratio of 1.26, a quick ratio of 0.77 and a debt-to-equity ratio of 41.53. The firm has a market cap of $151.79 million, a P/E ratio of -64.22, a price-to-earnings-growth ratio of -30.58 and a beta of 0.76. The stock’s fifty day moving average is €2.55 and its two-hundred day moving average is €3.10.

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.