Cancom (ETR:COK) Stock Price Down 3.2% – Here’s Why

Cancom SE (ETR:COKGet Free Report)’s stock price traded down 3.2% during mid-day trading on Tuesday . The company traded as low as €22.78 ($23.98) and last traded at €22.80 ($24.00). 43,593 shares traded hands during trading, a decline of 52% from the average session volume of 91,248 shares. The stock had previously closed at €23.56 ($24.80).

Cancom Price Performance

The company has a quick ratio of 1.61, a current ratio of 1.46 and a debt-to-equity ratio of 28.89. The company’s fifty day moving average price is €25.32 and its 200 day moving average price is €28.76. The company has a market capitalization of $798.46 million, a P/E ratio of 20.00, a PEG ratio of 1.18 and a beta of 1.33.

About Cancom

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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.

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