Takkt (ETR:TTK) Shares Up 0.4% – What’s Next?

Takkt Ag (ETR:TTKGet Free Report) shot up 0.4% during mid-day trading on Tuesday . The company traded as high as €2.36 and last traded at €2.31. 10,243 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 67,952 shares. The stock had previously closed at €2.30.

Takkt Trading Up 0.4%

The stock’s fifty day simple moving average is €2.56 and its 200-day simple moving average is €3.11. The firm has a market cap of $149.85 million, a PE ratio of -63.39, a PEG ratio of -30.58 and a beta of 0.76. The company has a debt-to-equity ratio of 41.53, a current ratio of 1.26 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.

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