Bechtle (ETR:BC8) Trading 1.9% Higher – Here’s Why

Bechtle AG (ETR:BC8) shares traded up 1.9% during mid-day trading on Tuesday . The stock traded as high as €32.16 and last traded at €31.24. 167,862 shares changed hands during mid-day trading, an increase of 209% from the average session volume of 54,276 shares. The stock had previously closed at €30.66.

Bechtle Price Performance

The company’s 50-day moving average is €30.69 and its 200-day moving average is €35.66. The company has a debt-to-equity ratio of 21.67, a current ratio of 1.55 and a quick ratio of 0.92. The firm has a market capitalization of $4.04 billion, a price-to-earnings ratio of 16.14, a PEG ratio of 2.88 and a beta of 0.81.

Bechtle Company Profile

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.