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Bechtle (ETR:BC8) Trading Up 0.8% - Here's What Happened

Bechtle logo with Computer and Technology background

Bechtle AG (ETR:BC8 - Get Free Report)'s stock price shot up 0.8% during mid-day trading on Tuesday . The stock traded as high as €31.50 ($32.47) and last traded at €30.88 ($31.84). 228,612 shares were traded during mid-day trading, an increase of 321% from the average session volume of 54,276 shares. The stock had previously closed at €30.62 ($31.57).

Bechtle Trading Up 0.8 %

The company has a market capitalization of $3.89 billion, a P/E ratio of 14.92, a PEG ratio of 2.88 and a beta of 0.96. The business has a fifty day moving average of €31.81 and a 200-day moving average of €36.76. The company has a debt-to-equity ratio of 39.39, a quick ratio of 0.92 and a current ratio of 2.00.

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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