GFT Technologies (ETR:GFT) Reaches New 1-Year Low – Here’s Why

GFT Technologies SE (ETR:GFTGet Free Report) hit a new 52-week low during mid-day trading on Monday . The company traded as low as €20.15 ($21.90) and last traded at €19.92 ($21.65), with a volume of 39634 shares traded. The stock had previously closed at €20.20 ($21.96).

GFT Technologies Trading Down 1.4 %

The firm has a market cap of $524.49 million, a P/E ratio of 10.92, a P/E/G ratio of 2.05 and a beta of 1.67. The company has a debt-to-equity ratio of 83.32, a quick ratio of 1.32 and a current ratio of 1.09. The firm has a fifty day moving average of €21.89 and a 200-day moving average of €24.28.

GFT Technologies Company Profile

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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.

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