Cancom (ETR:COK) Stock Price Down 0.6% – Here’s Why

Cancom SE (ETR:COKGet Free Report)’s share price traded down 0.6% during mid-day trading on Tuesday . The stock traded as low as €23.64 ($24.63) and last traded at €23.94 ($24.94). 44,711 shares traded hands during trading, a decline of 51% from the average session volume of 91,248 shares. The stock had previously closed at €24.08 ($25.08).

Cancom Price Performance

The company has a fifty day simple moving average of €23.66 and a two-hundred day simple moving average of €26.66. The company has a market capitalization of $838.38 million, a price-to-earnings ratio of 21.00, a P/E/G 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.

Cancom Company Profile

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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.

Further Reading

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