Shares of Takkt Ag (ETR:TTK – Get Free Report) hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as €11.52 ($12.39) and last traded at €11.58 ($12.45), with a volume of 31803 shares. The stock had previously closed at €11.92 ($12.82).
Takkt Stock Performance
The firm has a fifty day simple moving average of €12.45 and a 200-day simple moving average of €13.15. The company has a market cap of $750.27 million, a PE ratio of 49.08, a price-to-earnings-growth ratio of -30.58 and a beta of 1.18. The company has a quick ratio of 0.77, a current ratio of 1.72 and a debt-to-equity ratio of 15.07.
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.
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