GFT Technologies (ETR:GFT) Shares Down 1.3% - What's Next?

Key Points

• Shares fell 1.3% to €18.24 on Monday (low €18.10) with ~72,662 shares traded, a 46% decline versus average daily volume.
• Key valuation and financials: market capitalization $483.66 million, P/E 10.21, P/E/G 2.05, debt-to-equity 56.08, quick ratio 1.32 and current ratio 1.08.
• GFT provides digital transformation and bespoke IT services to clients in investment and retail banking, insurance and industrial sectors across the Americas, UK & APAC and Continental Europe.

GFT Technologies SE (ETR:GFT - )'s share price dropped 1.3% on Monday . The company traded as low as €18.10 and last traded at €18.24. Approximately 72,662 shares changed hands during trading, a decline of 46% from the average daily volume of 133,979 shares. The stock had previously closed at €18.48.

GFT Technologies Trading Down 1.3%

The firm has a fifty day moving average of €17.22 and a 200-day moving average of €18.16. The company has a debt-to-equity ratio of 56.08, a quick ratio of 1.32 and a current ratio of 1.08. The stock has a market capitalization of $483.66 million, a price-to-earnings ratio of 10.21, a P/E/G ratio of 2.05 and a beta of 1.10.

GFT Technologies Company Profile

GFT Technologies SE, together with its subsidiaries, provides digital transformation services. The company operates in two segments in the Americas, the UK & APAC; and Continental Europe. It offers consulting on the development and implementation of IT strategies; development of bespoke IT solutions; implementation of sector-specific software; and maintenance and development of business-critical IT solutions. The company serves clients in investment and retail banking, insurance, and industrial sectors.

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