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Cancom (ETR:COK) Trading Down 2.2% - Time to Sell?

Cancom logo with Computer and Technology background
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Key Points

  • Shares fell 2.2% to €24.45 (intraday low €24.15) on Monday with volume of 125,018 shares, a 37% increase versus the average session volume, indicating above‑average trading activity.
  • Mixed technicals and valuation: the stock trades between its 50‑day (€23.92) and 200‑day (€25.40) moving averages and has a market cap of $758.3M, P/E of 20.56 and PEG of 1.18.
  • Business and balance‑sheet snapshot: Cancom provides Cloud and IT Solutions services, and shows modest liquidity (current ratio 1.15, quick ratio 1.61) with moderate leverage (debt‑to‑equity 37.58).
  • Interested in Cancom? Here are five stocks we like better.

Cancom SE (ETR:COK - Get Free Report) traded down 2.2% on Monday . The company traded as low as €24.15 and last traded at €24.45. 125,018 shares were traded during trading, an increase of 37% from the average session volume of 91,248 shares. The stock had previously closed at €25.00.

Cancom Stock Down 2.2%

The stock's 50-day moving average is €23.92 and its 200-day moving average is €25.40. The stock has a market cap of $758.28 million, a P/E ratio of 20.56, a price-to-earnings-growth ratio of 1.18 and a beta of 1.17. The company has a current ratio of 1.15, a quick ratio of 1.61 and a debt-to-equity ratio of 37.58.

Cancom Company Profile

(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. 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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