Bechtle (ETR:BC8) Trading 0.8% Higher – Here’s Why

Bechtle AG (ETR:BC8Get Free Report) shares shot up 0.8% during trading on Tuesday . The company traded as high as €31.50 ($32.47) and last traded at €30.88 ($31.84). 228,612 shares were traded during mid-day trading, an increase of 321% from the average session volume of 54,276 shares. The stock had previously closed at €30.62 ($31.57).

Bechtle Trading Down 2.8 %

The business has a 50 day simple moving average of €31.76 and a two-hundred day simple moving average of €36.66. The stock has a market cap of $3.79 billion, a price-to-earnings ratio of 14.53, a price-to-earnings-growth ratio of 2.88 and a beta of 0.96. The company has a current ratio of 2.00, a quick ratio of 0.92 and a debt-to-equity ratio of 39.39.

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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