Cancom (ETR:COK) Trading Up 3.5% – Here’s Why

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

Cancom Price Performance

The company has a market cap of $742.77 million, a P/E ratio of 20.14, a P/E/G ratio of 1.18 and a beta of 1.05. The stock has a 50-day simple moving average of €25.10 and a 200 day simple moving average of €25.12. The company has a debt-to-equity ratio of 0.00, a quick ratio of 1.60 and a current ratio of 1.25.

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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