CTS Eventim AG & Co. KGaA (ETR:EVD) Stock Price Up 2.1% – Here’s Why

CTS Eventim AG & Co. KGaA (ETR:EVD)’s stock price rose 2.1% on Monday. The stock traded as high as €65.40 and last traded at €64.90. Approximately 192,387 shares changed hands during mid-day trading, an increase of 30% from the average daily volume of 148,299 shares. The stock had previously closed at €63.55.

CTS Eventim AG & Co. KGaA Stock Performance

The company has a debt-to-equity ratio of 27.39, a current ratio of 0.88 and a quick ratio of 0.79. The stock has a 50-day simple moving average of €58.59 and a 200-day simple moving average of €59.63. The stock has a market cap of $6.23 billion, a P/E ratio of 24.89, a PEG ratio of 57.74 and a beta of 1.16.

CTS Eventim AG & Co. KGaA Company Profile

CTS Eventim AG & Co KGaA operates in the leisure events market in Germany, Italy, Switzerland, Austria, the United Kingdom, Sweden, the United States, Finland, Spain, Denmark, the Netherlands, and internationally. The company operates through two segments, Ticketing and Live Entertainment. The Ticketing segment produces, sells, brokers, distributes, and markets tickets for concerts, theatre, art, sports, and other events. It markets events (tickets) through EVENTIM.Web and using its network platform, EVENTIM.Net; in-house ticketing products through EVENTIM.Inhouse; sport ticketing products through EVENTIM.Tixx; and self-service products for promotors through EVENTIM.Light, as well as provides a solution for ticket sales and admission control through EVENTIM.Access.