Takkt (ETR:TTK) Trading Down 3.9% - Time to Sell?

Key Points

• Takkt AG shares experienced a decline of 3.9%, trading at €4.85 ($5.63) after falling as low as €4.83 ($5.61) during mid-day trading.
• The company's debt-to-equity ratio is reported at 24.64, with a market capitalization of $316.88 million.
• Takkt operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService, offering a wide range of business equipment across various brands.

Takkt Ag (ETR:TTK - Get Free Report) shares fell 3.9% during trading on Tuesday . The company traded as low as €4.83 ($5.61) and last traded at €4.85 ($5.63). 44,927 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 67,952 shares. The stock had previously closed at €5.04 ($5.86).

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 firm has a market capitalization of $300.02 million, a P/E ratio of -126.92, a price-to-earnings-growth ratio of -30.58 and a beta of 1.11. The company has a 50-day moving average price of €6.13 and a 200-day moving average price of €7.21.

About Takkt

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.