Takkt (ETR:TTK) Hits New 1-Year Low – Should You Sell?

Takkt Ag (ETR:TTKGet Free Report) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as €8.28 ($8.63) and last traded at €8.35 ($8.70), with a volume of 13485 shares changing hands. The stock had previously closed at €8.37 ($8.72).

Takkt Trading Down 0.2 %

The company has a market cap of $541.00 million, a PE ratio of 104.38, a price-to-earnings-growth ratio of -30.58 and a beta of 1.11. The company has a debt-to-equity ratio of 27.48, a current ratio of 1.45 and a quick ratio of 0.77. The company has a 50-day moving average of €9.43 and a 200 day moving average of €10.64.

Takkt Company Profile

(Get Free Report)

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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