GFT Technologies (ETR:GFT) Trading 3.4% Higher – Still a Buy?

GFT Technologies SE (ETR:GFT)’s stock price was up 3.4% during mid-day trading on Tuesday . The company traded as high as €21.60 and last traded at €21.40. Approximately 51,117 shares were traded during trading, a decline of 62% from the average session volume of 133,979 shares. The stock had previously closed at €20.70.

GFT Technologies Trading Up 6.6%

The company has a debt-to-equity ratio of 34.08, a current ratio of 1.14 and a quick ratio of 1.32. The firm has a market capitalization of $640.37 million, a PE ratio of 13.51, a price-to-earnings-growth ratio of 2.05 and a beta of 0.86. The business’s 50-day moving average price is €21.46 and its 200-day moving average price is €19.53.

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.