Takkt (ETR:TTK) Trading Down 2.2% - Should You Sell?

Takkt Ag (ETR:TTK - Get Free Report)'s share price dropped 2.2% during trading on Wednesday . The company traded as low as €7.85 ($8.26) and last traded at €7.91 ($8.33). Approximately 13,137 shares changed hands during trading, a decline of 81% from the average daily volume of 67,952 shares. The stock had previously closed at €8.09 ($8.52).

Takkt Price Performance

The company has a debt-to-equity ratio of 24.64, a current ratio of 1.41 and a quick ratio of 0.77. The stock has a market cap of $517.65 million, a price-to-earnings ratio of -218.99, a P/E/G ratio of -30.58 and a beta of 1.11. The stock has a fifty day moving average of €7.88 and a 200 day moving average of €9.00.

Takkt Company Profile

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.