Takkt (ETR:TTK) Trading 1.2% Higher – Here’s Why

Takkt Ag (ETR:TTK) shares were up 1.2% during mid-day trading on Wednesday . The stock traded as high as €3.79 and last traded at €3.79. Approximately 8,714 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 67,952 shares. The stock had previously closed at €3.75.

Takkt Price Performance

The stock has a market capitalization of $245.85 million, a PE ratio of -104.01, a P/E/G ratio of -30.58 and a beta of 1.11. The company has a debt-to-equity ratio of 24.64, a current ratio of 1.41 and a quick ratio of 0.77. The firm’s 50 day simple moving average is €3.89 and its 200 day simple moving average is €4.84.

About Takkt

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.