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Cancom (ETR:COK) Trading 1.9% Higher - Time to Buy?

Cancom logo with Computer and Technology background

Shares of Cancom SE (ETR:COK - Get Free Report) shot up 1.9% on Tuesday . The stock traded as high as €25.32 ($26.38) and last traded at €25.30 ($26.35). 30,820 shares were traded during mid-day trading, a decline of 66% from the average session volume of 91,248 shares. The stock had previously closed at €24.84 ($25.88).

Cancom Stock Performance

The company has a debt-to-equity ratio of 7.07, a current ratio of 1.24 and a quick ratio of 1.61. The stock has a market cap of $777.82 million, a PE ratio of 21.09, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33. The business has a 50 day moving average price of €24.11 and a two-hundred day moving average price of €25.74.

About Cancom

(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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