Takkt (ETR:TTK) Stock Price Down 3.3% – Should You Sell?

Takkt Ag (ETR:TTK – Get Free Report)’s stock price traded down 3.3% during mid-day trading on Monday. The stock traded as low as €2.83 and last traded at €2.90. 2,413 shares were traded during trading, a decline of 96% from the average daily volume of 67,952 shares. The stock had previously closed at €3.00.

Takkt Price Performance

The firm has a 50 day moving average price of €2.89 and a 200 day moving average price of €2.61. 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 stock has a market cap of $188.12 million, a P/E ratio of -79.58, a P/E/G ratio of -30.58 and a beta of 0.78.

About Takkt

(Get Free Report)

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.

Further Reading

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