CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMY) Trading 7.4% Higher – Here’s What Happened

CTS Eventim AG & Co. KGaA (OTCMKTS:CEVMYGet Free Report)’s stock price rose 7.4% during mid-day trading on Friday . The stock traded as high as $16.5650 and last traded at $16.5650. 871 shares were traded 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 Analyst Weigh In

Separately, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of CTS Eventim AG & Co. KGaA in a research note on Wednesday, May 13th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Read Our Latest Research Report on CEVMY

CTS Eventim AG & Co. KGaA Stock Up 7.4%

The company has a 50-day moving average price of $15.49 and a 200 day moving average price of $17.13.

CTS Eventim AG & Co. KGaA Company Profile

(Get Free Report)

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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