Cancom (ETR:COK) Shares Up 1.9% – Time to Buy?

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

Cancom Price Performance

The company has a fifty day moving average of €24.05. The company has a market cap of $777.82 million, a price-to-earnings ratio of 21.09, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33. The company has a debt-to-equity ratio of 7.07, a current ratio of 1.24 and a quick ratio of 1.61.

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.

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