Takkt (ETR:TTK) Shares Down 1.2% - Time to Sell?

Key Points

• Takkt AG's stock price declined by 1.2% to €5.01 ($5.83) during Wednesday's trading, with a trading volume that was down 58% from its average.
• The company's financial metrics indicate a quick ratio of 0.77 and a debt-to-equity ratio of 24.64, suggesting potential concerns regarding liquidity and leverage.
• Takkt AG operates in multiple segments including Industrial & Packaging, Office Furniture & Displays, and FoodService, providing a diverse range of B2B business equipment across Europe and the U.S.

Takkt Ag (ETR:TTK - )'s stock price fell 1.2% during trading on Wednesday . The company traded as low as €4.97 ($5.78) and last traded at €5.01 ($5.83). 28,750 shares traded hands during trading, a decline of 58% from the average session volume of 67,952 shares. The stock had previously closed at €5.07 ($5.90).

Takkt Trading Down 1.2%

The company has a quick ratio of 0.77, a current ratio of 1.41 and a debt-to-equity ratio of 24.64. The stock has a fifty day simple moving average of €4.91 and a 200 day simple moving average of €6.25. The firm has a market capitalization of $324.99 million, a P/E ratio of -137.49, a PEG ratio of -30.58 and a beta of 1.11.

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.

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