Takkt (ETR:TTK) Trading Up 0.7% – Here’s What Happened

Takkt Ag (ETR:TTK) shot up 0.7% during trading on Wednesday . The company traded as high as €3.76 and last traded at €3.70. 34,239 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 67,952 shares. The stock had previously closed at €3.67.

Takkt Price Performance

The firm has a market cap of $239.69 million, a P/E ratio of -101.40, a PEG ratio of -30.58 and a beta of 1.11. The company has a debt-to-equity ratio of 24.64, a current ratio of 1.41 and a quick ratio of 0.77. The company’s 50-day moving average is €3.71 and its two-hundred day moving average is €4.31.

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.