Cancom (ETR:COK) Trading 3.5% Higher – Here’s What Happened

Cancom SE (ETR:COKGet Free Report) shares were up 3.5% during trading on Monday . The stock traded as high as €23.95 and last traded at €23.95. 101,673 shares changed hands during mid-day trading, an increase of 11% from the average daily volume of 91,248 shares. The stock had previously closed at €23.15.

Cancom Stock Performance

The firm has a market capitalization of $752.08 million, a PE ratio of 20.39, a P/E/G ratio of 1.18 and a beta of 1.05. The business has a 50-day simple moving average of €25.07 and a 200-day simple moving average of €25.10. The company has a debt-to-equity ratio of 0.00, a current ratio of 1.25 and a quick ratio of 1.60.

About Cancom

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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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