CTS Eventim AG & Co. KGaA (ETR:EVD) Shares Climb 3.5% – Here’s Why

CTS Eventim AG & Co. KGaA (ETR:EVD) shares were up 3.5% during trading on Monday. The company traded as high as €59.15 and last traded at €58.75. 182,197 shares were traded during trading, an increase of 23% from the average daily volume of 148,299 shares. The stock had previously closed at €56.75.

CTS Eventim AG & Co. KGaA Price Performance

The company has a debt-to-equity ratio of 27.39, a current ratio of 0.88 and a quick ratio of 0.79. The company has a 50-day simple moving average of €57.30 and a two-hundred day simple moving average of €56.07. The stock has a market capitalization of $5.64 billion, a price-to-earnings ratio of 22.53, a price-to-earnings-growth ratio of 57.74 and a beta of 1.16.

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.