CTS Eventim AG & Co. KGaA (ETR:EVD) Trading 1.6% Higher - Here's What Happened

Key Points

• Price jump on heavy volume: CTS Eventim rose 1.6% to €57.95 (intraday high €58.05) on 369,205 shares traded, a 149% increase versus average session volume.
• Fundamentals and technicals: Market cap is $5.56B with a P/E of 22.22 and a debt-to-equity of 25.93, liquidity ratios are weak (current 0.88, quick 0.79), and the stock trades below its 50-day (€61.33) and 200-day (€71.90) moving averages.
• Business profile: The company operates Ticketing and Live Entertainment internationally, marketing tickets and event services via platforms such as EVENTIM.

CTS Eventim AG & Co. KGaA (ETR:EVD - )'s stock price traded up 1.6% during trading on Friday . The company traded as high as €58.05 and last traded at €57.95. 369,205 shares were traded during trading, an increase of 149% from the average session volume of 148,299 shares. The stock had previously closed at €57.05.

CTS Eventim AG & Co. KGaA Price Performance

The company has a current ratio of 0.88, a quick ratio of 0.79 and a debt-to-equity ratio of 25.93. The stock has a market capitalization of $5.56 billion, a price-to-earnings ratio of 22.22, a PEG ratio of 57.74 and a beta of 0.94. The stock has a 50-day moving average price of €61.33 and a 200 day moving average price of €71.90.

CTS Eventim AG & Co. KGaA Company Profile

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. It markets events (tickets) through EVENTIM.Web and using its network platform, EVENTIM.Net; in-house ticketing products through EVENTIM.Inhouse; sport ticketing products through EVENTIM.Tixx; and self-service products for promotors through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through EVENTIM.Access.

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