Bechtle (ETR:BC8) Trading 0.8% Higher – Still a Buy?

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

Bechtle Stock Down 2.8 %

The firm has a 50-day simple moving average of €31.76 and a 200 day simple moving average of €36.66. The company has a market capitalization of $3.79 billion, a PE ratio of 14.53, a price-to-earnings-growth ratio of 2.88 and a beta of 0.96. The company has a debt-to-equity ratio of 39.39, a current ratio of 2.00 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.

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