CTS Eventim AG & Co. KGaA (ETR:EVD) Trading 3.8% Higher – Here’s Why

Shares of CTS Eventim AG & Co. KGaA (ETR:EVD) traded up 3.8% during mid-day trading on Friday . The stock traded as high as €56.20 and last traded at €55.90. 215,043 shares changed hands during trading, an increase of 45% from the average session volume of 148,299 shares. The stock had previously closed at €53.85.

CTS Eventim AG & Co. KGaA Stock Performance

The firm has a fifty day moving average of €58.75 and a 200-day moving average of €69.69. The stock has a market capitalization of $5.37 billion, a price-to-earnings ratio of 21.44, a PEG ratio of 57.74 and a beta of 0.94. The company has a quick ratio of 0.79, a current ratio of 0.88 and a debt-to-equity ratio of 25.93.

CTS Eventim AG & Co. KGaA Company Profile

CTS Eventim AG & Co KGaA operates in the leisure events market in Germany, Italy, Switzerland, Austria, the United Kingdom, Sweden, the United States, Finland, Spain, Denmark, the Netherlands, and internationally. The company operates through two segments, Ticketing and Live Entertainment. The Ticketing segment produces, sells, brokers, distributes, and markets tickets for concerts, theatre, art, sports, and other events. It markets events (tickets) through EVENTIM.Web and using its network platform, EVENTIM.Net; in-house ticketing products through EVENTIM.Inhouse; sport ticketing products through EVENTIM.Tixx; and self-service products for promotors through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through EVENTIM.Access.