Takkt (ETR:TTK) Hits New 1-Year Low – Here’s What Happened

Takkt Ag (ETR:TTK) reached a new 52-week low during trading on Wednesday . The company traded as low as €8.79 ($9.25) and last traded at €8.82 ($9.28), with a volume of 26536 shares trading hands. The stock had previously closed at €8.94 ($9.41).

Takkt Trading Down 0.2 %

The company has a debt-to-equity ratio of 27.48, a quick ratio of 0.77 and a current ratio of 1.45. The firm has a market capitalization of $570.15 million, a P/E ratio of 110.00, a PEG ratio of -30.58 and a beta of 1.11. The firm has a 50 day simple moving average of €9.01 and a two-hundred day simple moving average of €10.14.

About Takkt

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.