Bechtle (ETR:BC8) Reaches New 52-Week Low – Time to Sell?

Bechtle AG (ETR:BC8Get Free Report)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as €36.14 ($39.28) and last traded at €36.22 ($39.37), with a volume of 265471 shares trading hands. The stock had previously closed at €36.50 ($39.67).

Bechtle Stock Performance

The stock has a 50-day moving average of €38.07 and a 200-day moving average of €42.07. The company has a debt-to-equity ratio of 39.14, a quick ratio of 0.92 and a current ratio of 1.95. The firm has a market cap of $4.29 billion, a price-to-earnings ratio of 16.44, a price-to-earnings-growth ratio of 2.88 and a beta of 0.90.

About Bechtle

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Bechtle AG provides information technology (IT) services primarily in Europe. The company operates through two segments, IT System House & Managed Services, and IT E-Commerce. The IT System House & Managed Services segment offers IT strategy consulting, hardware and software, project planning and implementation, system integration, IT, and training services for IT operation.

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