Free Trial

Computacenter (LON:CCC) Stock Passes Above 200-Day Moving Average - What's Next?

Computacenter logo with Computer and Technology background

Computacenter plc (LON:CCC - Get Free Report)'s share price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of GBX 2,321.31 ($31.26) and traded as high as GBX 2,606 ($35.09). Computacenter shares last traded at GBX 2,562.13 ($34.50), with a volume of 101,535 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a "hold" rating and issued a GBX 2,425 ($32.66) price objective on shares of Computacenter in a report on Tuesday, March 18th.

Check Out Our Latest Stock Report on Computacenter

Computacenter Trading Up 0.8%

The company has a market capitalization of £2.70 billion, a PE ratio of 16.99, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. The company's fifty day moving average is GBX 2,490.55 and its 200-day moving average is GBX 2,327.31. The company has a debt-to-equity ratio of 12.47, a current ratio of 1.31 and a quick ratio of 0.95.

Computacenter (LON:CCC - Get Free Report) last announced its earnings results on Wednesday, March 19th. The company reported GBX 161.50 ($2.17) earnings per share (EPS) for the quarter. Computacenter had a return on equity of 17.61% and a net margin of 2.64%. On average, analysts anticipate that Computacenter plc will post 187.5 EPS for the current fiscal year.

Insider Transactions at Computacenter

In related news, insider Michael J. Norris sold 2,967 shares of the business's stock in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of GBX 2,544 ($34.26), for a total transaction of £75,480.48 ($101,643.52). In the last three months, insiders sold 125,276 shares of company stock valued at $309,652,394. Corporate insiders own 36.41% of the company's stock.

About Computacenter

(Get Free Report)

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations. We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.

Featured Stories

Should You Invest $1,000 in Computacenter Right Now?

Before you consider Computacenter, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Computacenter wasn't on the list.

While Computacenter currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Made in America Stocks Under $20 You Need to See!
3 Cheap Growth Stocks Set to Explode This Summer
The Next NVIDIA? Quantum Computing Stocks Set for Explosive Growth

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines