Takkt (ETR:TTK) Trading 0.2% Higher - Still a Buy?

Key Points

• Takkt AG's shares increased by 0.2% to €4.82 ($5.60) with trading volume down 23% compared to the average.
• The company has a market cap of $312.34 million and a PE ratio of -132.14, indicating a challenging profitability outlook.
• Takkt operates in three segments: Industrial & Packaging, Office Furniture & Displays, and FoodService, serving both Europe and the United States.

Shares of Takkt Ag (ETR:TTK - ) traded up 0.2% on Wednesday . The stock traded as high as €4.91 ($5.71) and last traded at €4.82 ($5.60). 52,393 shares traded hands during trading, a decline of 23% from the average session volume of 67,952 shares. The stock had previously closed at €4.81 ($5.59).

Takkt Trading Up 0.2%

The company has a current ratio of 1.41, a quick ratio of 0.77 and a debt-to-equity ratio of 24.64. The firm has a fifty day simple moving average of €5.56 and a two-hundred day simple moving average of €6.88. The firm has a market cap of $312.34 million, a PE ratio of -132.14, 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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