Cancom (ETR:COK) Shares Up 3.5% – Still a Buy?

Cancom SE (ETR:COKGet Free Report) shares traded up 3.5% during trading on Monday . The company traded as high as €23.95 and last traded at €23.95. 101,673 shares changed hands during trading, an increase of 11% from the average daily volume of 91,248 shares. The stock had previously closed at €23.15.

Cancom Stock Up 3.5%

The company has a market capitalization of $742.77 million, a price-to-earnings ratio of 20.14, a P/E/G ratio of 1.18 and a beta of 1.05. The business has a fifty day simple moving average of €25.10 and a two-hundred day simple moving average of €25.12. The company has a quick ratio of 1.60, a current ratio of 1.25 and a debt-to-equity ratio of 0.00.

Cancom Company Profile

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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. 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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