CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMY – Get Free Report)’s share price shot up 7.4% on Friday . The stock traded as high as $16.5650 and last traded at $16.5650. Approximately 871 shares traded hands during mid-day trading, a decline of 50% from the average daily volume of 1,731 shares. The stock had previously closed at $15.42.
Wall Street Analysts Forecast Growth
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of CTS Eventim AG & Co. KGaA in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Report on CEVMY
CTS Eventim AG & Co. KGaA Stock Performance
About CTS Eventim AG & Co. KGaA
CTS Eventim AG & Co KGaA is a leading European provider of ticketing services and live entertainment. The company operates a range of online and on-site ticket sales channels, offering end-to-end solutions for event organizers, promoters and venues. Through its proprietary Eventim platform, CTS Eventim manages ticket distribution via websites, mobile apps, call centers and box offices, handling millions of transactions annually.
In addition to its core ticketing activities, CTS Eventim is active in live event promotion and venue management.
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