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Takkt (ETR:TTK) Stock Price Up 2.6% - Still a Buy?

Takkt logo with Industrials background
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Takkt Ag (ETR:TTK - Get Free Report) shares rose 2.6% on Wednesday . The company traded as high as €8.67 ($9.42) and last traded at €8.43 ($9.16). Approximately 60,619 shares traded hands during trading, a decline of 11% from the average daily volume of 67,952 shares. The stock had previously closed at €8.22 ($8.93).

Takkt Price Performance

The company has a current ratio of 1.41, a quick ratio of 0.77 and a debt-to-equity ratio of 24.64. The company's 50 day moving average is €8.02 and its 200-day moving average is €8.52. The stock has a market cap of $540.36 million, a PE ratio of -228.60, a P/E/G ratio of -30.58 and a beta of 1.11.

About Takkt

(Get Free Report)

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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