Bechtle (ETR:BC8) Trading Down 0.7% – Here’s What Happened

Bechtle AG (ETR:BC8Get Free Report) shares fell 0.7% on Wednesday . The company traded as low as €32.60 and last traded at €32.84. 248,490 shares traded hands during trading, an increase of 358% from the average session volume of 54,276 shares. The stock had previously closed at €33.06.

Bechtle Price Performance

The firm has a market cap of $4.24 billion, a price-to-earnings ratio of 16.97, a P/E/G ratio of 2.88 and a beta of 0.96. The business’s 50-day moving average price is €40.05 and its two-hundred day moving average price is €39.23. The company has a debt-to-equity ratio of 28.08, a current ratio of 1.68 and a quick ratio of 0.92.

Bechtle Company Profile

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

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