Bechtle (ETR:BC8) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Bechtle AG (ETR:BC8Get Free Report)’s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €34.07 ($36.63) and traded as high as €34.50 ($37.10). Bechtle shares last traded at €32.74 ($35.20), with a volume of 278,948 shares.

Bechtle Trading Up 19.3 %

The stock’s 50 day moving average price is €31.88 and its 200 day moving average price is €34.07. The company has a market capitalization of $5.05 billion, a price-to-earnings ratio of 20.18, a P/E/G ratio of 2.88 and a beta of 0.96.

Bechtle Company Profile

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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.

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