Cancom (ETR:COK) Stock Price Up 2.1% – Here’s What Happened

Cancom SE (ETR:COK – Get Free Report)’s share price rose 2.1% during trading on Tuesday. The company traded as high as €21.65 and last traded at €21.50. 95,397 shares were traded during mid-day trading, an increase of 5% from the average daily volume of 91,248 shares. The stock had previously closed at €21.05.

Cancom Price Performance

The company has a current ratio of 1.05, a quick ratio of 1.60 and a debt-to-equity ratio of 46.71. The stock has a fifty day simple moving average of €22.26 and a 200-day simple moving average of €24.13. The stock has a market cap of $666.79 million, a price-to-earnings ratio of 18.08, a price-to-earnings-growth ratio of 1.18 and a beta of 1.04.

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. The IT Solutions segment provides a range of services related to IT infrastructure and applications, including IT strategy consulting, project planning and implementation, system integration, and IT procurement through e-procurement services, as well as professional IT services and support.

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