GFT Technologies SE (ETR:GFT – Get Free Report) shot up 3.3% during mid-day trading on Wednesday. The stock traded as high as €28.05 and last traded at €27.90. Approximately 151,915 shares changed hands during trading, an increase of 13% from the average session volume of 133,979 shares. The stock had previously closed at €27.00.
GFT Technologies Stock Performance
The company has a market cap of $739.80 million, a PE ratio of 15.61, a PEG ratio of 2.05 and a beta of 0.89. The company has a debt-to-equity ratio of 51.84, a quick ratio of 1.32 and a current ratio of 1.12. The firm’s 50 day moving average is €24.94 and its 200-day moving average is €22.10.
About GFT Technologies
GFT Technologies SE, together with its subsidiaries, provides digital transformation services. The company operates in two segments in the Americas, the UK & APAC; and Continental Europe. It offers consulting on the development and implementation of IT strategies; development of bespoke IT solutions; implementation of sector-specific software; and maintenance and development of business-critical IT solutions. The company serves clients in investment and retail banking, insurance, and industrial sectors.
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