GFT Technologies (ETR:GFT) Trading 2.4% Higher – Still a Buy?

GFT Technologies SE (ETR:GFT) traded up 2.4% on Thursday . The stock traded as high as €17.30 and last traded at €17.12. 73,149 shares traded hands during trading, a decline of 45% from the average session volume of 133,979 shares. The stock had previously closed at €16.72.

GFT Technologies Price Performance

The firm has a market capitalization of $453.96 million, a P/E ratio of 9.58, a price-to-earnings-growth ratio of 2.05 and a beta of 1.10. The company has a current ratio of 1.13, a quick ratio of 1.32 and a debt-to-equity ratio of 55.23. The firm has a 50 day moving average price of €17.92 and a 200-day moving average price of €18.06.

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.