GFT Technologies (ETR:GFT) Trading Up 3% – Should You Buy?

GFT Technologies SE (ETR:GFTGet Free Report)’s share price shot up 3% during trading on Tuesday . The company traded as high as €22.95 and last traded at €22.50. Approximately 45,985 shares traded hands during trading, a decline of 66% from the average daily volume of 133,979 shares. The stock had previously closed at €21.85.

GFT Technologies Stock Up 0.9%

The business has a fifty day moving average of €20.57 and a 200 day moving average of €19.09. The company has a quick ratio of 1.32, a current ratio of 1.14 and a debt-to-equity ratio of 34.08. The firm has a market cap of $611.20 million, a P/E ratio of 12.90, a P/E/G ratio of 2.05 and a beta of 0.84.

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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