Takkt (ETR:TTK) Shares Up 1.2% – Here’s What Happened

Takkt Ag (ETR:TTK)’s share price rose 1.2% during mid-day trading on Wednesday . The stock traded as high as €7.70 ($8.02) and last traded at €7.57 ($7.89). Approximately 7,911 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 67,952 shares. The stock had previously closed at €7.48 ($7.79).

Takkt Trading Up 1.2 %

The company has a debt-to-equity ratio of 27.48, a quick ratio of 0.77 and a current ratio of 1.45. The business’s 50 day moving average price is €8.00 and its 200-day moving average price is €9.36. The company has a market cap of $490.46 million, a price-to-earnings ratio of 94.63, a PEG ratio of -30.58 and a beta of 1.11.

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.