GFT Technologies SE (ETR:GFT – Get Free Report) fell 2.6% during mid-day trading on Wednesday . The company traded as low as €19.52 and last traded at €19.72. 65,249 shares traded hands during trading, a decline of 51% from the average session volume of 133,979 shares. The stock had previously closed at €20.25.
GFT Technologies Price Performance
The business’s 50 day moving average price is €18.80 and its 200 day moving average price is €18.54. The stock has a market capitalization of $522.90 million, a P/E ratio of 11.04, a price-to-earnings-growth ratio of 2.05 and a beta of 1.67.
GFT Technologies Company Profile
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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