Computacenter (LON:CCC) Shares Cross Above 200-Day Moving Average of $1,335.66

Computacenter plc (LON:CCC) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $1,335.66 and traded as high as $1,517.00. Computacenter shares last traded at $1,506.00, with a volume of 43,563 shares changing hands.

A number of brokerages recently weighed in on CCC. UBS Group restated a “neutral” rating on shares of Computacenter in a report on Monday, October 28th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 1,500 ($19.60) price objective on shares of Computacenter in a research report on Friday, August 23rd. Finally, Barclays reiterated an “equal weight” rating and set a GBX 1,260 ($16.46) target price on shares of Computacenter in a research note on Thursday, October 10th.

The company has a debt-to-equity ratio of 50.40, a current ratio of 1.25 and a quick ratio of 1.04. The company has a market capitalization of $1.72 billion and a PE ratio of 21.02. The firm has a 50-day moving average of GBX 1,388.42 and a 200 day moving average of GBX 1,337.16.

About Computacenter (LON:CCC)

Computacenter plc provides information technology (IT) infrastructure services in the United Kingdom, Germany, France, and internationally. The company offers endpoint, infrastructure, cyber security, information security management, and identity and access management solutions; network solutions, including local area and datacenter network, smart infrastructure, and audio-visual solutions; and datacenter solutions, such as enterprise computing, hybrid cloud, data and storage management, and analytics and big data.

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