Shares of Cancom SE (ETR:COK – Get Free Report) rose 2.7% during mid-day trading on Tuesday . The company traded as high as €22.80 and last traded at €22.60. Approximately 103,225 shares changed hands during trading, an increase of 13% from the average session volume of 91,248 shares. The stock had previously closed at €22.00.
Cancom Stock Performance
The company has a market cap of $700.90 million, a P/E ratio of 19.00, a PEG ratio of 1.18 and a beta of 1.04. The company has a 50 day moving average price of €22.84 and a 200-day moving average price of €24.15. The company has a quick ratio of 1.60, a current ratio of 1.05 and a debt-to-equity ratio of 46.71.
Cancom Company Profile
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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