Takkt (ETR:TTK) Stock Price Down 0.8% – Time to Sell?

Shares of Takkt Ag (ETR:TTK) traded down 0.8% during trading on Wednesday . The company traded as low as €3.68 and last traded at €3.72. Approximately 95,981 shares changed hands during mid-day trading, an increase of 41% from the average daily volume of 67,952 shares. The stock had previously closed at €3.75.

Takkt Stock Performance

The company has a current ratio of 1.41, a quick ratio of 0.77 and a debt-to-equity ratio of 24.64. The stock’s fifty day simple moving average is €4.27 and its 200 day simple moving average is €5.16. The company has a market cap of $240.99 million, a price-to-earnings ratio of -101.95, a P/E/G ratio of -30.58 and a beta of 1.11.

Takkt Company Profile

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.