Takkt (ETR:TTK) Trading Up 1.1% - Still a Buy?

Takkt Ag (ETR:TTK - Get Free Report) shares were up 1.1% during trading on Monday . The company traded as high as €6.73 ($7.65) and last traded at €6.72 ($7.64). Approximately 25,056 shares changed hands during trading, a decline of 63% from the average daily volume of 67,952 shares. The stock had previously closed at €6.65 ($7.56).

Takkt Stock Performance

The company has a debt-to-equity ratio of 24.64, a current ratio of 1.41 and a quick ratio of 0.77. The stock has a market capitalization of $454.08 million, a PE ratio of -192.10, a P/E/G ratio of -30.58 and a beta of 1.11. The firm has a fifty day moving average price of €7.45 and a two-hundred day moving average price of €7.80.

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.