Takkt (ETR:TTK) Shares Down 1.3% – Here’s What Happened

Takkt Ag (ETR:TTK)’s share price traded down 1.3% during mid-day trading on Wednesday . The stock traded as low as €7.66 ($7.90) and last traded at €7.70 ($7.94). 11,722 shares were traded during trading, a decline of 83% from the average session volume of 67,952 shares. The stock had previously closed at €7.80 ($8.04).

Takkt Stock Down 1.3 %

The company has a debt-to-equity ratio of 27.48, a current ratio of 1.45 and a quick ratio of 0.77. The company has a market capitalization of $498.88 million, a PE ratio of 96.25, a P/E/G ratio of -30.58 and a beta of 1.11. The business’s 50 day simple moving average is €8.40 and its 200 day simple moving average is €9.77.

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.