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Bechtle (ETR:BC8) Stock Price Down 2.2% - Here's Why

Bechtle logo with Computer and Technology background
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Shares of Bechtle AG (ETR:BC8 - Get Free Report) traded down 2.2% on Thursday . The stock traded as low as €37.00 ($40.22) and last traded at €37.00 ($40.22). 332,076 shares changed hands during mid-day trading, an increase of 512% from the average session volume of 54,276 shares. The stock had previously closed at €37.82 ($41.11).

Bechtle Stock Performance

The company has a market capitalization of $4.58 billion, a P/E ratio of 18.29, a PEG ratio of 2.88 and a beta of 0.96. The company's fifty day simple moving average is €34.59 and its 200-day simple moving average is €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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