Bechtle (ETR:BC8) Stock Price Up 4.7% – Here’s Why

Bechtle AG (ETR:BC8 – Get Free Report)’s share price traded up 4.7% during mid-day trading on Tuesday . The company traded as high as €35.14 and last traded at €35.00. 259,833 shares traded hands during trading, an increase of 379% from the average session volume of 54,276 shares. The stock had previously closed at €33.44.

Bechtle Price Performance

The company’s 50-day simple moving average is €34.96 and its 200 day simple moving average is €32.13. The company has a market cap of $4.44 billion, a PE ratio of 17.76, a PEG ratio of 2.88 and a beta of 0.87. The company has a debt-to-equity ratio of 53.58, a quick ratio of 0.92 and a current ratio of 1.86.

About Bechtle

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Bechtle AG provides information technology (IT) services primarily in Europe. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation. The IT E-Commerce segment provides hardware and software products, and peripherals and accessories through a web shop.

Further Reading

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