Takkt (ETR:TTK) Stock Price Down 6.7% – Time to Sell?

Takkt Ag (ETR:TTKGet Free Report)’s share price dropped 6.7% during trading on Monday . The stock traded as low as €2.98 and last traded at €2.98. 20,723 shares were traded during mid-day trading, a decline of 70% from the average session volume of 67,952 shares. The stock had previously closed at €3.20.

Takkt Price Performance

The company has a 50-day moving average of €2.67 and a two-hundred day moving average of €2.57. The stock has a market capitalization of $193.63 million, a PE ratio of -81.92, a P/E/G ratio of -30.58 and a beta of 0.78. The company has a debt-to-equity ratio of 41.24, a current ratio of 1.14 and a quick ratio of 0.77.

Takkt Company Profile

(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.

Further Reading

Receive News & Ratings for Takkt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Takkt and related companies with MarketBeat.com's FREE daily email newsletter.