Cancom (ETR:COK) Trading Down 2.4% – Here’s What Happened

Cancom SE (ETR:COKGet Free Report) shares dropped 2.4% during trading on Thursday . The stock traded as low as €27.12 ($29.48) and last traded at €27.26 ($29.63). Approximately 70,105 shares changed hands during trading, a decline of 23% from the average daily volume of 91,248 shares. The stock had previously closed at €27.92 ($30.35).

Cancom Trading Down 1.9 %

The company has a 50 day moving average of €25.75 and a 200 day moving average of €25.27. The company has a debt-to-equity ratio of 7.07, a quick ratio of 1.61 and a current ratio of 1.24. The stock has a market capitalization of $820.00 million, a price-to-earnings ratio of 22.23, a P/E/G ratio of 1.18 and a beta of 1.33.

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.

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