Takkt (ETR:TTK) Sets New 1-Year Low - Here's Why

Takkt Ag (ETR:TTK - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Friday . The stock traded as low as €8.08 ($8.51) and last traded at €8.12 ($8.55), with a volume of 28792 shares trading hands. The stock had previously closed at €8.23 ($8.66).

Takkt Trading Down 1.3 %

The company has a current ratio of 1.45, a quick ratio of 0.77 and a debt-to-equity ratio of 27.48. The stock's fifty day moving average price is €9.32 and its two-hundred day moving average price is €10.50. The stock has a market capitalization of $526.09 million, a P/E ratio of 102.88, a price-to-earnings-growth ratio of -30.58 and a beta of 1.11.

About Takkt

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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