CTS Eventim AG & Co. KGaA (ETR:EVD) Trading Up 4% – Time to Buy?

CTS Eventim AG & Co. KGaA (ETR:EVD) shot up 4% during mid-day trading on Friday . The company traded as high as €85.30 ($87.94) and last traded at €84.95 ($87.58). 110,064 shares were traded during trading, a decline of 26% from the average session volume of 148,299 shares. The stock had previously closed at €81.65 ($84.18).

CTS Eventim AG & Co. KGaA Price Performance

The company has a debt-to-equity ratio of 12.63, a current ratio of 0.90 and a quick ratio of 0.79. The business’s 50 day moving average price is €87.15 and its 200 day moving average price is €85.44. The stock has a market capitalization of $8.06 billion, a P/E ratio of 25.52, a price-to-earnings-growth ratio of 57.74 and a beta of 1.22.

About CTS Eventim AG & Co. KGaA

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.