Takkt (ETR:TTK) Trading Up 1.1% – Should You Buy?

Shares of Takkt Ag (ETR:TTKGet Free Report) shot up 1.1% on Monday . The stock traded as high as €6.73 ($7.65) and last traded at €6.72 ($7.64). 25,056 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 67,952 shares. The stock had previously closed at €6.65 ($7.56).

Takkt Stock Up 1.1%

The stock has a 50-day moving average price of €7.45 and a 200-day moving average price of €7.80. 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 has a market capitalization of $435.92 million, a P/E ratio of -184.42, a P/E/G ratio of -30.58 and a beta of 1.11.

About Takkt

(Get Free Report)

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.

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