Bechtle (ETR:BC8) Shares Up 2% – Here’s What Happened

Bechtle AG (ETR:BC8 – Get Free Report)’s stock price traded up 2% during trading on Tuesday. The stock traded as high as €34.34 and last traded at €34.18. Approximately 214,804 shares were traded during trading, an increase of 296% from the average session volume of 54,276 shares. The stock had previously closed at €33.50.

Bechtle Price Performance

The company has a quick ratio of 0.92, a current ratio of 1.86 and a debt-to-equity ratio of 53.58. The company has a market cap of $4.42 billion, a price-to-earnings ratio of 17.66, a price-to-earnings-growth ratio of 2.88 and a beta of 0.87. The company has a fifty day simple moving average of €35.11 and a two-hundred day simple moving average of €33.56.

About Bechtle

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Bechtle AG provides information technology (IT) services primarily in Europe. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation. The IT E-Commerce segment provides hardware and software products, and peripherals and accessories through a web shop.

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