GFT Technologies (ETR:GFT) Shares Cross Below 200 Day Moving Average – Here’s What Happened

GFT Technologies SE (ETR:GFTGet Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €21.87 ($23.52) and traded as low as €19.36 ($20.82). GFT Technologies shares last traded at €19.38 ($20.84), with a volume of 57,096 shares.

GFT Technologies Stock Performance

The stock has a market cap of $555.51 million, a PE ratio of 11.72, a P/E/G ratio of 2.05 and a beta of 1.67. The business has a 50 day moving average price of €21.77 and a two-hundred day moving average price of €21.87.

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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