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

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.

Shares of Cancom SE (ETR:COK - ) were up 0.4% on Tuesday . The company traded as high as €23.70 ($28.21) and last traded at €23.35 ($27.80). Approximately 33,648 shares changed hands during trading, a decline of 63% from the average daily volume of 91,248 shares. The stock had previously closed at €23.25 ($27.68).

Cancom Stock Up 0.4%

The business has a fifty day moving average price of €24.24 and a two-hundred day moving average price of €26.12. The company has a debt-to-equity ratio of 7.07, a current ratio of 1.24 and a quick ratio of 1.61. The firm has a market cap of $724.16 million, a PE ratio of 19.63, a P/E/G ratio of 1.18 and a beta of 1.33.

Cancom Company Profile

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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