Cancom (ETR:COK) Shares Down 2.4% – Time to Sell?

Cancom SE (ETR:COK)’s stock price was down 2.4% during trading on Thursday . The company traded as low as €27.12 ($29.48) and last traded at €27.26 ($29.63). Approximately 70,105 shares were traded during mid-day 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 Price Performance

The company’s fifty day moving average is €25.75 and its two-hundred day moving average is €25.27. The stock has a market cap 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. The company has a current ratio of 1.24, a quick ratio of 1.61 and a debt-to-equity ratio of 7.07.

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.