Bechtle (ETR:BC8) Trading 4.4% Higher – Still a Buy?

Shares of Bechtle AG (ETR:BC8Get Free Report) shot up 4.4% on Tuesday . The company traded as high as €34.50 ($35.94) and last traded at €34.46 ($35.90). 309,665 shares traded hands during trading, an increase of 471% from the average session volume of 54,276 shares. The stock had previously closed at €33.00 ($34.38).

Bechtle Stock Performance

The company has a market cap of $4.41 billion, a P/E ratio of 17.63, a price-to-earnings-growth ratio of 2.88 and a beta of 0.96. The stock has a 50-day moving average of €31.27 and a two-hundred day moving average of €34.57.

Bechtle Company Profile

(Get Free Report)

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.

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