Cancom (ETR:COK) Shares Climb 2.1% – Here’s What Happened

Cancom SE (ETR:COK – Get Free Report) shares traded up 2.1% on Tuesday. The company traded as high as €21.65 and last traded at €21.50. 95,397 shares traded hands during mid-day trading, an increase of 5% from the average session volume of 91,248 shares. The stock had previously closed at €21.05.

Cancom Trading Up 2.1%

The company has a debt-to-equity ratio of 46.71, a current ratio of 1.05 and a quick ratio of 1.60. The company has a fifty day moving average of €22.26 and a 200-day moving average of €24.13. The firm has a market capitalization of $666.79 million, a PE ratio of 18.08, a price-to-earnings-growth ratio of 1.18 and a beta of 1.04.

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. The IT Solutions segment provides a range of services related to IT infrastructure and applications, including IT strategy consulting, project planning and implementation, system integration, and IT procurement through e-procurement services, as well as professional IT services and support.

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