CTS Eventim AG & Co. KGaA (ETR:EVD) Trading Down 0.8% – Here’s Why

CTS Eventim AG & Co. KGaA (ETR:EVDGet Free Report)’s stock price fell 0.8% during trading on Monday . The stock traded as low as €54.80 and last traded at €55.50. Approximately 453,063 shares were traded during mid-day trading, an increase of 206% from the average daily volume of 148,299 shares. The stock had previously closed at €55.95.

CTS Eventim AG & Co. KGaA Price Performance

The company has a market capitalization of $5.29 billion, a P/E ratio of 21.15, a price-to-earnings-growth ratio of 57.74 and a beta of 1.16. The company’s 50-day moving average price is €57.95 and its two-hundred day moving average price is €57.18. The company has a debt-to-equity ratio of 27.39, a current ratio of 0.88 and a quick ratio of 0.79.

About CTS Eventim AG & Co. KGaA

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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.

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