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

CTS Eventim AG & Co. KGaA (ETR:EVD)’s share price dropped 2.3% on Wednesday . The stock traded as low as €71.40 and last traded at €72.05. Approximately 199,395 shares traded 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 Trading Down 2.3%

The firm has a market capitalization of $6.92 billion, a price-to-earnings ratio of 27.63, a price-to-earnings-growth ratio of 57.74 and a beta of 1.22. The business’s fifty day moving average is €78.99 and its 200 day moving average is €85.34. The company has a quick ratio of 0.79, a current ratio of 0.91 and a debt-to-equity ratio of 12.62.

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.