Bechtle (ETR:BC8) Share Price Crosses Above 200-Day Moving Average – What’s Next?

Shares of Bechtle AG (ETR:BC8 – Get Free Report) passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of €33.28 and traded as high as €33.94. Bechtle shares last traded at €33.88, with a volume of 155,455 shares trading hands.

Bechtle Trading Up 1.2%

The stock has a market capitalization of $4.43 billion, a P/E ratio of 17.71, a P/E/G ratio of 2.88 and a beta of 0.87. The firm’s 50 day moving average price is €34.75 and its 200 day moving average price is €33.28. The company has a debt-to-equity ratio of 53.58, a current ratio of 1.86 and a quick ratio of 0.92.

About Bechtle

(Get Free Report)

Bechtle AG provides information technology (IT) services primarily in Europe. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation. The IT E-Commerce segment provides hardware and software products, and peripherals and accessories through a web shop.

Further Reading

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