Computacenter (LON:CCC) Sets New 1-Year Low – Here’s What Happened

Shares of Computacenter plc (LON:CCC) reached a new 52-week low during trading on Thursday . The stock traded as low as GBX 2,034 ($25.14) and last traded at GBX 2,036 ($25.17), with a volume of 249619 shares changing hands. The stock had previously closed at GBX 2,074 ($25.64).

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 3,400 ($42.03) price objective on shares of Computacenter in a research report on Tuesday, December 17th.

Computacenter Trading Down 1.8 %

The business’s 50 day moving average is GBX 2,191.57 and its two-hundred day moving average is GBX 2,482.61. The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.40. The firm has a market capitalization of £2.19 billion, a P/E ratio of 1,357.33, a PEG ratio of 6.99 and a beta of 0.71.

Insider Activity at Computacenter

In other Computacenter news, insider Peter James Ogden sold 562,284 shares of the business’s stock in a transaction dated Tuesday, October 29th. The shares were sold at an average price of GBX 2,312 ($28.58), for a total value of £13,000,006.08 ($16,069,228.78). Company insiders own 36.41% of the company’s stock.

Computacenter Company Profile

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.