CTS Eventim AG & Co. KGaA (ETR:EVD) Trading 2.8% Higher – Should You Buy?

CTS Eventim AG & Co. KGaA (ETR:EVD)’s stock price rose 2.8% during mid-day trading on Wednesday . The stock traded as high as €70.50 and last traded at €70.00. Approximately 187,379 shares traded hands during mid-day trading, an increase of 26% from the average daily volume of 148,299 shares. The stock had previously closed at €68.10.

CTS Eventim AG & Co. KGaA Trading Up 2.8%

The company has a debt-to-equity ratio of 12.62, a current ratio of 0.91 and a quick ratio of 0.79. The business has a 50-day simple moving average of €75.91 and a two-hundred day simple moving average of €81.83. The stock has a market cap of $6.72 billion, a price-to-earnings ratio of 26.84, a P/E/G ratio of 57.74 and a beta of 1.22.

About CTS Eventim AG & Co. KGaA

CTS Eventim AG & Co KGaA operates in the leisure events market in Germany, Italy, Switzerland, Austria, the United Kingdom, Sweden, the United States, Finland, Spain, Denmark, the Netherlands, and internationally. The company operates through two segments, Ticketing and Live Entertainment. The Ticketing segment produces, sells, brokers, distributes, and markets tickets for concerts, theatre, art, sports, and other events. It markets events (tickets) through EVENTIM.Web and using its network platform, EVENTIM.Net; in-house ticketing products through EVENTIM.Inhouse; sport ticketing products through EVENTIM.Tixx; and self-service products for promotors through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through EVENTIM.Access.