CTS Eventim AG & Co. KGaA (ETR:EVD) Trading Down 2.4% – Here’s What Happened

CTS Eventim AG & Co. KGaA (ETR:EVD) shares dropped 2.4% during trading on Friday . The stock traded as low as €55.60 and last traded at €55.80. Approximately 222,260 shares changed hands during trading, an increase of 50% from the average session volume of 148,299 shares. The stock had previously closed at €57.15.

CTS Eventim AG & Co. KGaA Price Performance

The company has a current ratio of 0.88, a quick ratio of 0.79 and a debt-to-equity ratio of 10.94. The stock has a market cap of $5.36 billion, a PE ratio of 21.40, a P/E/G ratio of 57.74 and a beta of 1.14. The company has a fifty day moving average of €54.79 and a 200-day moving average of €61.11.

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.