Takkt (ETR:TTK) Stock Passes Above Fifty Day Moving Average – Here’s What Happened
by Renee Jackson · The Cerbat GemShares of Takkt Ag (ETR:TTK – Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of €2.59 and traded as high as €2.63. Takkt shares last traded at €2.48, with a volume of 52,983 shares trading hands.
Takkt Stock Performance
The company has a quick ratio of 0.77, a current ratio of 1.26 and a debt-to-equity ratio of 41.53. The stock has a market capitalization of $159.58 million, a price-to-earnings ratio of -67.51, a price-to-earnings-growth ratio of -30.58 and a beta of 0.76. The stock’s 50-day simple moving average is €2.58 and its 200 day simple moving average is €3.28.
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.