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Bechtle (ETR:BC8) Shares Down 1.2% - Time to Sell?

Bechtle logo with Computer and Technology background

Bechtle AG (ETR:BC8 - Get Free Report) dropped 1.2% on Friday . The company traded as low as €39.52 ($45.95) and last traded at €39.60 ($46.05). Approximately 186,719 shares changed hands during mid-day trading, an increase of 244% from the average daily volume of 54,276 shares. The stock had previously closed at €40.10 ($46.63).

Bechtle Trading Down 1.9%

The company has a market cap of $4.95 billion, a price-to-earnings ratio of 19.78, a PEG ratio of 2.88 and a beta of 0.96. The business has a fifty day moving average of €38.62 and a two-hundred day moving average of €35.62.

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.

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