Takkt (ETR:TTK) Trading 3.3% Higher - Here's Why

Takkt Ag (ETR:TTK - Get Free Report)'s share price was up 3.3% on Monday . The stock traded as high as €6.72 ($7.91) and last traded at €6.63 ($7.80). Approximately 22,963 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 67,952 shares. The stock had previously closed at €6.42 ($7.55).

Takkt Trading Up 3.3%

The firm has a market cap of $430.08 million, a PE ratio of -181.95, a PEG ratio of -30.58 and a beta of 1.11. 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 business has a 50-day moving average price of €7.25 and a two-hundred day moving average price of €7.62.

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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