Bechtle (ETR:BC8) Trading 1.9% Higher – Here’s Why

Shares of Bechtle AG (ETR:BC8Get Free Report) traded up 1.9% on Tuesday . The company traded as high as €32.16 and last traded at €31.24. 167,862 shares traded hands during trading, an increase of 209% from the average session volume of 54,276 shares. The stock had previously closed at €30.66.

Bechtle Trading Up 1.9%

The stock has a market capitalization of $4.04 billion, a price-to-earnings ratio of 16.14, a PEG ratio of 2.88 and a beta of 0.81. The company has a debt-to-equity ratio of 21.67, a current ratio of 1.55 and a quick ratio of 0.92. The business’s 50-day simple moving average is €30.69 and its two-hundred day simple moving average is €35.66.

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. The IT E-Commerce segment provides hardware and software products, and peripherals and accessories through a web shop.

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