Cancom (ETR:COK) Shares Down 1.2% – What’s Next?

Cancom SE (ETR:COK)’s share price fell 1.2% on Wednesday . The company traded as low as €20.75 and last traded at €20.90. 135,177 shares were traded during trading, an increase of 48% from the average session volume of 91,248 shares. The stock had previously closed at €21.15.

Cancom Stock Down 1.2%

The company has a 50 day moving average of €24.86 and a 200-day moving average of €25.32. The company has a market capitalization of $648.18 million, a P/E ratio of 17.57, a PEG ratio of 1.18 and a beta of 1.17. The company has a debt-to-equity ratio of 2.74, a current ratio of 1.24 and a quick ratio of 1.61.

About Cancom

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.