Bechtle (OTCMKTS:BECTY) Stock Jumps 2.5% – Still a Buy?

Bechtle AG (OTCMKTS:BECTY – Get Free Report)’s stock price rose 2.5% on Thursday. The stock traded as high as $7.82 and last traded at $7.79. 630 shares changed hands during trading, a decline of 55% from the average daily volume of 1,398 shares. The stock had previously closed at $7.60.

Bechtle Price Performance

The firm’s fifty day moving average price is $8.12 and its 200-day moving average price is $7.84.

About Bechtle

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Bechtle AG is a German information technology services provider founded in 1983 and headquartered in Neckarsulm, Germany. It combines IT system-house services with online sales of IT products, serving businesses and public-sector organizations.

The company supplies hardware, software and IT infrastructure, and provides services that include consulting, implementation, cloud solutions, cybersecurity and ongoing IT management. Its offerings support customers across the planning, deployment and operation of technology systems.

Bechtle serves customers in Germany and other European markets through a network of local IT businesses and e-commerce operations.

Further Reading

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