Bechtle (ETR:BC8) Stock Price Down 2% – Should You Sell?

Bechtle AG (ETR:BC8Get Free Report)’s stock price was down 2% on Wednesday . The stock traded as low as €41.90 and last traded at €42.36. Approximately 209,531 shares changed hands during mid-day trading, an increase of 286% from the average daily volume of 54,276 shares. The stock had previously closed at €43.22.

Bechtle Price Performance

The firm has a market capitalization of $5.48 billion, a price-to-earnings ratio of 21.89, a price-to-earnings-growth ratio of 2.88 and a beta of 0.96. The business’s 50 day moving average price is €42.43 and its 200-day moving average price is €39.41.

Bechtle Company Profile

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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. The IT E-Commerce segment provides hardware and software products, and peripherals and accessories through a web shop.

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