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Bechtle (ETR:BC8) Trading Up 0.2% - Here's What Happened

Bechtle logo with Computer and Technology background

Bechtle AG (ETR:BC8 - Get Free Report) shot up 0.2% during mid-day trading on Friday . The company traded as high as €39.60 ($45.52) and last traded at €39.02 ($44.85). 147,383 shares changed hands during mid-day trading, an increase of 172% from the average session volume of 54,276 shares. The stock had previously closed at €38.94 ($44.76).

Bechtle Stock Performance

The stock has a market capitalization of $4.96 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 2.88 and a beta of 0.96. The business has a 50-day moving average of €36.61 and a 200-day moving average of €34.23.

Bechtle Company Profile

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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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