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Bechtle (ETR:BC8) Stock Crosses Above 200-Day Moving Average - Here's Why

Bechtle logo with Computer and Technology background
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Bechtle AG (ETR:BC8 - Get Free Report)'s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €34.07 ($37.03) and traded as high as €34.50 ($37.50). Bechtle shares last traded at €32.74 ($35.59), with a volume of 278,948 shares traded.

Bechtle Trading Down 3.1 %

The firm has a market capitalization of $5.09 billion, a price-to-earnings ratio of 20.36, a price-to-earnings-growth ratio of 2.88 and a beta of 0.96. The firm has a 50 day moving average price of €32.24 and a two-hundred day moving average price of €34.07.

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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