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Bechtle (ETR:BC8) Stock Price Down 2% - Time to Sell?

Bechtle logo with Computer and Technology background

Bechtle AG (ETR:BC8 - Get Free Report)'s share price dropped 2% on Tuesday . The company traded as low as €30.22 ($31.48) and last traded at €30.70 ($31.98). Approximately 184,137 shares were traded during trading, an increase of 239% from the average daily volume of 54,276 shares. The stock had previously closed at €31.32 ($32.63).

Bechtle Stock Performance

The company's fifty day simple moving average is €31.23 and its 200 day simple moving average is €35.39. The company has a current ratio of 2.00, a quick ratio of 0.92 and a debt-to-equity ratio of 39.39. The stock has a market capitalization of $3.87 billion, a P/E ratio of 14.83, a P/E/G ratio of 2.88 and a beta of 0.96.

About Bechtle

(Get Free Report)

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.

Further Reading

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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