Takkt (ETR:TTK) Stock Falls 3.3% – Here’s Why

Takkt Ag (ETR:TTK – Get Free Report) dropped 3.3% during mid-day trading on Monday. The stock traded as low as €2.83 and last traded at €2.90. Approximately 2,413 shares changed hands during trading, a decline of 96% from the average session volume of 67,952 shares. The stock had previously closed at €3.00.

Takkt Trading Down 3.3%

The firm has a market capitalization of $188.12 million, a PE ratio of -79.58, a PEG ratio of -30.58 and a beta of 0.78. The company has a quick ratio of 0.77, a current ratio of 1.14 and a debt-to-equity ratio of 41.24. The stock’s fifty day simple moving average is €2.89 and its 200 day simple moving average is €2.61.

Takkt Company Profile

(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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