Computacenter (LON:CCC) Stock Crosses Above 200 Day Moving Average - Here's What Happened

Computacenter plc (LON:CCC - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 2,306.61 ($29.86) and traded as high as GBX 2,388 ($30.92). Computacenter shares last traded at GBX 2,328 ($30.14), with a volume of 26,624,395 shares traded.

Analyst Ratings Changes

Several brokerages have recently weighed in on CCC. Berenberg Bank reiterated a "hold" rating and set a GBX 2,425 ($31.40) target price on shares of Computacenter in a research report on Tuesday, January 28th. Jefferies Financial Group reaffirmed a "buy" rating and issued a GBX 3,400 ($44.02) price target on shares of Computacenter in a research note on Tuesday, December 17th.

Computacenter Stock Down 1.5 %

The firm has a market cap of £2.47 billion, a price-to-earnings ratio of 15.58, a PEG ratio of 6.99 and a beta of 0.71. The company has a debt-to-equity ratio of 12.47, a quick ratio of 0.95 and a current ratio of 1.31. The business's 50-day moving average is GBX 2,189.78 and its 200-day moving average is GBX 2,306.61.

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.

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