GFT Technologies (ETR:GFT) Stock Price Down 2.8% – Here’s What Happened

GFT Technologies SE (ETR:GFT – Get Free Report) shares traded down 2.8% during mid-day trading on Wednesday. The stock traded as low as €25.90 and last traded at €25.95. Approximately 33,766 shares traded hands during trading, a decline of 75% from the average session volume of 133,979 shares. The stock had previously closed at €26.70.

GFT Technologies Stock Down 2.1%

The company has a market capitalization of $673.51 million, a PE ratio of 14.21, a PEG ratio of 2.05 and a beta of 0.89. The company has a current ratio of 1.12, a quick ratio of 1.32 and a debt-to-equity ratio of 51.84. The business has a fifty day moving average of €23.74 and a 200 day moving average of €21.28.

GFT Technologies Company Profile

(Get Free Report)

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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