Bechtle (ETR:BC8) Trading 4.7% Higher – Time to Buy?

Bechtle AG (ETR:BC8Get Free Report) shares were up 4.7% during mid-day trading on Tuesday . The company traded as high as €35.14 and last traded at €35.00. Approximately 259,833 shares changed hands during trading, an increase of 379% from the average daily volume of 54,276 shares. The stock had previously closed at €33.44.

Bechtle Trading Up 4.7%

The firm has a market capitalization of $4.52 billion, a price-to-earnings ratio of 18.08, a PEG ratio of 2.88 and a beta of 0.87. The business’s 50-day moving average price is €34.87 and its 200 day moving average price is €32.12. The company has a debt-to-equity ratio of 53.58, a current ratio of 1.86 and a quick ratio of 0.92.

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. The IT E-Commerce segment provides hardware and software products, and peripherals and accessories through a web shop.

See Also

Receive News & Ratings for Bechtle Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bechtle and related companies with MarketBeat.com's FREE daily email newsletter.