CTS Eventim AG & Co. KGaA (ETR:EVD) Trading Down 1% – Here’s Why

CTS Eventim AG & Co. KGaA (ETR:EVD) fell 1% during mid-day trading on Thursday . The stock traded as low as €89.70 ($93.44) and last traded at €89.70 ($93.44). 60,485 shares were traded during trading, a decline of 59% from the average session volume of 148,299 shares. The stock had previously closed at €90.60 ($94.38).

CTS Eventim AG & Co. KGaA Stock Performance

The company has a debt-to-equity ratio of 12.63, a current ratio of 0.90 and a quick ratio of 0.79. The stock has a market cap of $7.94 billion, a price-to-earnings ratio of 25.15, a P/E/G ratio of 57.74 and a beta of 1.22. The stock’s 50-day moving average is €93.47 and its 200 day moving average is €85.08.

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.