Cancom (ETR:COK) Trading 1.6% Higher – Here’s What Happened

Cancom SE (ETR:COKGet Free Report) shot up 1.6% during mid-day trading on Tuesday . The stock traded as high as €24.00 ($24.74) and last traded at €23.80 ($24.54). 31,933 shares changed hands during trading, a decline of 65% from the average session volume of 91,248 shares. The stock had previously closed at €23.42 ($24.14).

Cancom Stock Up 1.6 %

The firm has a market capitalization of $833.48 million, a price-to-earnings ratio of 20.88, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33. The company has a debt-to-equity ratio of 28.89, a quick ratio of 1.61 and a current ratio of 1.46. The business’s 50 day moving average is €23.84 and its 200-day moving average is €27.50.

Cancom Company Profile

(Get Free Report)

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.

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