Takkt (ETR:TTK) Shares Down 0.2% – Here’s What Happened

Takkt Ag (ETR:TTK) shares dropped 0.2% during mid-day trading on Monday . The stock traded as low as €2.31 and last traded at €2.31. 990 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 67,952 shares. The stock had previously closed at €2.32.

Takkt Price Performance

The company has a 50 day simple moving average of €2.35 and a 200-day simple moving average of €2.81. The stock has a market cap of $147.90 million, a price-to-earnings ratio of -62.57, a PEG ratio of -30.58 and a beta of 0.76. The company has a quick ratio of 0.77, a current ratio of 1.26 and a debt-to-equity ratio of 41.53.

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.