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Cancom (ETR:COK) Shares Up 0.4% - Here's What Happened

Cancom logo with Computer and Technology background

Key Points

  • Cancom SE's shares increased by 0.4% on Tuesday, trading at €23.35 ($27.80) after reaching a high of €23.70 ($28.21).
  • The company has a market cap of $724.16 million and a PE ratio of 19.63, with significant metrics indicating a debt-to-equity ratio of 7.07.
  • Cancom operates in two segments, Cloud Solutions and IT Solutions, providing IT infrastructure and services both in Germany and internationally.
  • MarketBeat previews top five stocks to own in November.

Cancom SE (ETR:COK - Get Free Report)'s stock price rose 0.4% during trading on Tuesday . The stock traded as high as €23.70 ($27.88) and last traded at €23.35 ($27.47). Approximately 33,648 shares were traded during mid-day trading, a decline of 63% from the average daily volume of 91,248 shares. The stock had previously closed at €23.25 ($27.35).

Cancom Stock Performance

The company has a quick ratio of 1.61, a current ratio of 1.24 and a debt-to-equity ratio of 7.07. The company has a 50 day moving average of €23.98 and a 200 day moving average of €26.07. The firm has a market cap of $741.22 million, a price-to-earnings ratio of 20.09, a PEG ratio of 1.18 and a beta of 1.33.

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.

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