Bechtle AG (OTCMKTS:BECTY – Get Free Report)’s share price traded up 16.1% during mid-day trading on Monday . The company traded as high as $8.53 and last traded at $8.53. Approximately 200 shares changed hands during trading, a decline of 88% from the average session volume of 1,631 shares. The stock had previously closed at $7.35.
Wall Street Analyst Weigh In
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bechtle in a research note on Monday, April 27th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Bechtle presently has an average rating of “Buy”.
View Our Latest Research Report on BECTY
Bechtle Trading Up 16.1%
About Bechtle
Bechtle AG is a Europe-based provider of IT infrastructure and services, operating through two main segments: IT Systemhaus & Managed Services and IT E-commerce. In its Systemhaus division, Bechtle delivers design, implementation and support for data center solutions, network and security architectures, cloud services, managed print services and workplace management. Its E-commerce segment offers customers direct access to a broad catalogue of hardware, software and peripherals from leading global vendors via online platforms tailored to private and public sector clients.
Founded in 1983 and headquartered in Neckarsulm, Germany, Bechtle has grown organically and through acquisitions to establish a presence in more than a dozen European countries.
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