Bechtle (ETR:BC8) Stock Price Crosses Above 200 Day Moving Average – What’s Next?

Bechtle AG (ETR:BC8Get Free Report) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €34.07 ($36.63) and traded as high as €34.50 ($37.10). Bechtle shares last traded at €32.74 ($35.20), with a volume of 278,948 shares changing hands.

Bechtle Stock Up 19.3 %

The company has a market capitalization of $5.05 billion, a P/E ratio of 20.18, a price-to-earnings-growth ratio of 2.88 and a beta of 0.96. The business has a fifty day moving average price of €31.88 and a 200 day moving average price of €34.07.

About Bechtle

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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.

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