Cancom (ETR:COK) Trading 1.6% Higher – What’s Next?

Cancom SE (ETR:COKGet Free Report) traded up 1.6% on Tuesday . The company traded as high as €24.00 ($24.74) and last traded at €23.80 ($24.54). 31,933 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 91,248 shares. The stock had previously closed at €23.42 ($24.14).

Cancom Price Performance

The stock has a market cap of $822.27 million, a price-to-earnings ratio of 20.60, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33. The company has a quick ratio of 1.61, a current ratio of 1.46 and a debt-to-equity ratio of 28.89. The company’s 50-day moving average is €23.81 and its 200-day moving average is €27.48.

About Cancom

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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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