Takkt (ETR:TTK) Shares Down 0.2% - Should You Sell?

Takkt Ag (ETR:TTK - Get Free Report) shares dropped 0.2% during mid-day trading on Monday . The company traded as low as €6.15 ($7.24) and last traded at €6.16 ($7.25). Approximately 8,349 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 67,952 shares. The stock had previously closed at €6.17 ($7.26).

Takkt Price Performance

The company has a debt-to-equity ratio of 24.64, a quick ratio of 0.77 and a current ratio of 1.41. The company has a market cap of $396.35 million, a price-to-earnings ratio of -167.68, a price-to-earnings-growth ratio of -30.58 and a beta of 1.11. The business's 50 day simple moving average is €6.78 and its 200-day simple moving average is €7.46.

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.