Cancom (ETR:COK) Trading Down 3.2% – What’s Next?

Cancom SE (ETR:COK)’s share price fell 3.2% during trading on Tuesday . The company traded as low as €22.78 ($23.98) and last traded at €22.80 ($24.00). 43,593 shares were traded during trading, a decline of 52% from the average session volume of 91,248 shares. The stock had previously closed at €23.56 ($24.80).

Cancom Trading Down 3.2 %

The stock has a market cap of $798.46 million, a price-to-earnings ratio of 20.00, a P/E/G ratio of 1.18 and a beta of 1.33. The business has a 50-day simple moving average of €25.32 and a two-hundred day simple moving average of €28.76. The company has a debt-to-equity ratio of 28.89, a current ratio of 1.46 and a quick ratio of 1.61.

About Cancom

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.