Cancom (ETR:COK) Shares Cross Above 200-Day Moving Average – What’s Next?

Shares of Cancom SE (ETR:COKGet Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €25.42 ($27.33) and traded as high as €25.82 ($27.76). Cancom shares last traded at €24.32 ($26.15), with a volume of 72,685 shares traded.

Cancom Stock Up 14.6 %

The company has a market capitalization of $864.66 million, a price-to-earnings ratio of 23.44, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33. The firm’s fifty day simple moving average is €24.45 and its two-hundred day simple moving average is €25.42. The company has a current ratio of 1.24, a quick ratio of 1.61 and a debt-to-equity ratio of 7.07.

About Cancom

(Get Free Report)

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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