Takkt (ETR:TTK) Shares Pass Below 50-Day Moving Average – What’s Next?

Shares of Takkt Ag (ETR:TTKGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of €2.32 and traded as low as €2.27. Takkt shares last traded at €2.38, with a volume of 1,193 shares changing hands.

Takkt Trading Up 1.4%

The company has a 50 day simple moving average of €2.32 and a 200 day simple moving average of €2.73. The company has a current ratio of 1.14, a quick ratio of 0.77 and a debt-to-equity ratio of 41.24. The stock has a market capitalization of $160.55 million, a PE ratio of -67.92, a P/E/G ratio of -30.58 and a beta of 0.76.

About Takkt

(Get Free Report)

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.

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