Bechtle (ETR:BC8) Stock Price Down 9.6% - Time to Sell?

Key Points

• Bechtle AG's shares fell by 9.6% during Monday's trading, closing at €34.56 ($40.19), down from a previous close of €38.22 ($44.44).
• Trading volume surged to approximately 381,530 shares, marking a 603% increase from the average daily volume of 54,276 shares.
• The company has a market capitalization of $4.50 billion and operates primarily in the IT services sector across Europe.

Bechtle AG (ETR:BC8 - Get Free Report) shares traded down 9.6% during trading on Monday . The stock traded as low as €34.56 ($40.19) and last traded at €34.56 ($40.19). 381,530 shares traded hands during trading, an increase of 603% from the average session volume of 54,276 shares. The stock had previously closed at €38.22 ($44.44).

Bechtle Stock Performance

The stock has a market capitalization of $4.77 billion, a PE ratio of 19.05, a price-to-earnings-growth ratio of 2.88 and a beta of 0.96. The business's 50-day moving average is €38.31 and its two-hundred day moving average is €36.50.

Bechtle Company Profile

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.