Shares of Takkt Ag (ETR:TTK – Get Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as €11.52 ($12.39) and last traded at €11.58 ($12.45), with a volume of 31803 shares trading hands. The stock had previously closed at €11.92 ($12.82).
Takkt Trading Down 2.9 %
The stock has a market cap of $750.27 million, a price-to-earnings ratio of 49.08, a PEG ratio of -30.58 and a beta of 1.18. The company has a quick ratio of 0.77, a current ratio of 1.72 and a debt-to-equity ratio of 15.07. The business’s 50 day simple moving average is €12.45 and its 200 day simple moving average is €13.15.
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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