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Cancom (ETR:COK) Shares Down 2.4% - Here's Why

Cancom logo with Computer and Technology background

Shares of Cancom SE (ETR:COK - Get Free Report) traded down 2.4% on Friday . The stock traded as low as €28.00 ($32.18) and last traded at €28.00 ($32.18). 29,529 shares changed hands during trading, a decline of 68% from the average session volume of 91,248 shares. The stock had previously closed at €28.70 ($32.99).

Cancom Stock Down 0.4%

The company has a current ratio of 1.24, a quick ratio of 1.61 and a debt-to-equity ratio of 7.07. The stock has a 50 day simple moving average of €27.81 and a 200 day simple moving average of €25.84. The firm has a market capitalization of $865.28 million, a PE ratio of 23.46, a PEG ratio of 1.18 and a beta of 1.33.

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.

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