Bechtle (ETR:BC8) Trading 0.6% Higher – Still a Buy?

Shares of Bechtle AG (ETR:BC8Get Free Report) shot up 0.6% during trading on Wednesday . The company traded as high as €43.68 and last traded at €43.68. 70,149 shares were traded during trading, an increase of 29% from the average session volume of 54,276 shares. The stock had previously closed at €43.40.

Bechtle Stock Up 0.6%

The company has a market capitalization of $5.65 billion, a P/E ratio of 22.57, a P/E/G ratio of 2.88 and a beta of 0.96. The firm’s 50-day moving average price is €39.93 and its 200 day moving average price is €38.78.

About Bechtle

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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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