Cancom (ETR:COK) Trading Down 3.2% – Here’s Why

Cancom SE (ETR:COK) shares fell 3.2% on Tuesday . The stock traded as low as €22.78 ($23.98) and last traded at €22.80 ($24.00). 43,593 shares traded hands during mid-day trading, a decline of 52% from the average session volume of 91,248 shares. The stock had previously closed at €23.56 ($24.80).

Cancom Stock Performance

The stock has a market cap of $801.96 million, a PE ratio of 20.00, a P/E/G ratio of 1.18 and a beta of 1.33. The company has a debt-to-equity ratio of 28.89, a current ratio of 1.46 and a quick ratio of 1.61. The stock has a 50-day simple moving average of €25.32 and a 200-day simple moving average of €28.76.

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.