Cancom SE (ETR:COK – Get Free Report)’s share price shot up 2.7% during trading on Tuesday . The stock traded as high as €22.80 and last traded at €22.60. 103,225 shares were traded during mid-day trading, an increase of 13% from the average daily volume of 91,248 shares. The stock had previously closed at €22.00.
Cancom Price Performance
The firm has a market capitalization of $700.90 million, a P/E ratio of 19.00, a P/E/G ratio of 1.18 and a beta of 1.04. The business’s fifty day moving average is €22.84 and its 200 day moving average is €24.15. The company has a current ratio of 1.05, a quick ratio of 1.60 and a debt-to-equity ratio of 46.71.
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.
Further Reading
- Five stocks we like better than Cancom
- Meta’s Muse Highlights Arm’s Growing Role in AI Infrastructure
- Oura’s $15.6 Billion IPO Is Betting Investors See More Than a Smart Ring
- AMD Chips Away at NVIDIA’s AI Throne
- Is the Fed Playing Chess With Rates—Or Just Behind the Curve Again?
Receive News & Ratings for Cancom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cancom and related companies with MarketBeat.com's FREE daily email newsletter.
