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GFT Technologies (ETR:GFT) Shares Down 2.2% - What's Next?

GFT Technologies logo with Computer and Technology background

GFT Technologies SE (ETR:GFT - Get Free Report) shares dropped 2.2% during mid-day trading on Friday . The company traded as low as €19.96 ($21.70) and last traded at €20.25 ($22.01). Approximately 58,780 shares changed hands during mid-day trading, a decline of 56% from the average daily volume of 133,979 shares. The stock had previously closed at €20.70 ($22.50).

GFT Technologies Stock Down 0.2 %

The firm has a market capitalization of $531.87 million, a price-to-earnings ratio of 10.92, a P/E/G ratio of 2.05 and a beta of 1.67. The business has a 50 day simple moving average of €21.89 and a 200-day simple moving average of €24.30. The company has a debt-to-equity ratio of 83.32, a quick ratio of 1.32 and a current ratio of 1.09.

About GFT Technologies

(Get Free Report)

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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