GFT Technologies (ETR:GFT) Shares Climb 3.3% – Here’s Why

GFT Technologies SE (ETR:GFT – Get Free Report)’s share price traded up 3.3% on Wednesday. The stock traded as high as €28.05 and last traded at €27.90. Approximately 151,915 shares were traded during mid-day trading, an increase of 13% from the average session volume of 133,979 shares. The stock had previously closed at €27.00.

GFT Technologies Price Performance

The stock’s fifty day moving average price is €24.94 and its 200-day moving average price is €22.10. The firm has a market cap of $739.80 million, a price-to-earnings ratio of 15.61, a P/E/G ratio of 2.05 and a beta of 0.89. The company has a current ratio of 1.12, a quick ratio of 1.32 and a debt-to-equity ratio of 51.84.

GFT Technologies Company Profile

(Get Free Report)

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. The company serves clients in investment and retail banking, insurance, and industrial sectors.

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