Takkt Ag (ETR:TTK – Get Free Report) crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of €8.06 ($8.86) and traded as low as €7.40 ($8.13). Takkt shares last traded at €7.40 ($8.13), with a volume of 33,045 shares changing hands.
Takkt Price Performance
The stock has a market capitalization of $442.41 million, a P/E ratio of -187.16, a price-to-earnings-growth 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 company’s 50-day simple moving average is €8.06 and its 200-day simple moving average is €8.47.
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.
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