Takkt (ETR:TTK) Trading Down 6.7% – Should You Sell?

Takkt Ag (ETR:TTKGet Free Report) dropped 6.7% on Monday . The company traded as low as €2.98 and last traded at €2.98. 20,723 shares traded hands during mid-day trading, a decline of 70% from the average session volume of 67,952 shares. The stock had previously closed at €3.20.

Takkt Trading Down 6.7%

The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 41.24. The firm has a market cap of $193.63 million, a price-to-earnings ratio of -81.92, a price-to-earnings-growth ratio of -30.58 and a beta of 0.78. The business has a 50 day moving average of €2.67 and a 200 day moving average of €2.57.

Takkt Company Profile

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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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