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GFT Technologies (ETR:GFT) Shares Pass Below 200-Day Moving Average - Here's Why

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GFT Technologies SE (ETR:GFT - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €21.87 ($23.77) and traded as low as €19.36 ($21.04). GFT Technologies shares last traded at €19.38 ($21.07), with a volume of 57,096 shares.

GFT Technologies Trading Down 5.6 %

The company has a market capitalization of $532.98 million, a P/E ratio of 11.25, a PEG ratio of 2.05 and a beta of 1.67. The stock has a 50 day moving average price of €21.72 and a 200 day moving average price of €21.88.

About GFT Technologies

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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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