CTS Eventim AG & Co. KGaA (ETR:EVD) Shares Down 2.3% – What’s Next?

CTS Eventim AG & Co. KGaA (ETR:EVD)’s share price was down 2.3% during mid-day trading on Wednesday . The stock traded as low as €71.40 and last traded at €72.05. Approximately 199,395 shares changed hands during mid-day trading, an increase of 34% from the average daily volume of 148,299 shares. The stock had previously closed at €73.75.

CTS Eventim AG & Co. KGaA Price Performance

The company has a current ratio of 0.91, a quick ratio of 0.79 and a debt-to-equity ratio of 12.62. The stock has a market capitalization of $6.92 billion, a P/E ratio of 27.63, a PEG ratio of 57.74 and a beta of 1.22. The company has a fifty day simple moving average of €78.99 and a two-hundred day simple moving average of €85.34.

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.