GFT Technologies (ETR:GFT) Trading 1.1% Higher - Time to Buy?

Key Points

• GFT Technologies SE's stock rose by 1.1% to €17.94 ($20.86), despite a 72% decline in trading volume compared to its average.
• The company has a market capitalization of $475.70 million and a price-to-earnings (P/E) ratio of 10.04.
• GFT Technologies provides digital transformation services, operating in regions like the Americas, UK & APAC, and Continental Europe.

GFT Technologies SE (ETR:GFT - ) was up 1.1% during mid-day trading on Tuesday . The stock traded as high as €17.98 ($20.91) and last traded at €17.94 ($20.86). Approximately 38,014 shares were traded during trading, a decline of 72% from the average daily volume of 133,979 shares. The stock had previously closed at €17.74 ($20.63).

GFT Technologies Stock Up 1.1%

The company has a 50-day moving average price of €17.43 and a 200-day moving average price of €20.92. The firm has a market capitalization of $475.70 million, a price-to-earnings ratio of 10.04, a P/E/G ratio of 2.05 and a beta of 1.67.

About GFT Technologies

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.

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