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Cancom (ETR:COK) Stock Price Down 11.7% - Time to Sell?

Cancom logo with Computer and Technology background

Key Points

  • Cancom SE's stock price dropped 11.7% on Monday, trading as low as €20.30 and last at €22.75.
  • The volume of shares traded was approximately 374,682, marking a 311% increase from the average daily volume.
  • Cancom operates in two segments, Cloud Solutions and IT Solutions, and has a market cap of $696.25 million.
  • Interested in Cancom? Here are five stocks we like better.

Cancom SE (ETR:COK - Get Free Report)'s share price traded down 11.7% during mid-day trading on Monday . The stock traded as low as €20.30 ($23.60) and last traded at €22.75 ($26.45). 374,682 shares were traded during trading, an increase of 311% from the average session volume of 91,248 shares. The stock had previously closed at €25.75 ($29.94).

Cancom Stock Performance

The company has a market capitalization of $704.01 million, a price-to-earnings ratio of 19.08, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33. 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 €27.42 and a 200-day simple moving average of €26.51.

About Cancom

(Get Free Report)

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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