Cancom SE (ETR:COK – Get Free Report)’s share price shot up 0.4% during trading on Tuesday. The stock traded as high as €22.70 and last traded at €22.50. 59,984 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 91,248 shares. The stock had previously closed at €22.40.
Cancom Stock Performance
The firm has a fifty day moving average price of €22.35 and a 200 day moving average price of €24.12. The firm has a market capitalization of $702.45 million, a PE ratio of 19.04, a P/E/G ratio of 1.18 and a beta of 1.04. The company has a debt-to-equity ratio of 46.71, a current ratio of 1.05 and a quick ratio of 1.60.
About Cancom
CANCOM SE, together with its subsidiaries, provides information technology (IT) infrastructure and services in Germany and internationally. The company operates in two segments, Cloud Solutions and IT Solutions. The Cloud Solutions segment offers remote and shared managed services, as well as product and services related to hardware, software, and services. The IT Solutions segment provides a range of services related to IT infrastructure and applications, including IT strategy consulting, project planning and implementation, system integration, and IT procurement through e-procurement services, as well as professional IT services and support.
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