Cancom (ETR:COK) Sets New 52-Week Low – Here’s What Happened

Shares of Cancom SE (ETR:COK) hit a new 52-week low during trading on Tuesday . The company traded as low as €21.22 ($22.57) and last traded at €22.84 ($24.30), with a volume of 355798 shares trading hands. The stock had previously closed at €25.44 ($27.06).

Cancom Stock Up 4.6 %

The firm has a market capitalization of $836.98 million, a price-to-earnings ratio of 20.96, a P/E/G ratio of 1.18 and a beta of 1.33. The business’s 50-day moving average is €26.37 and its two-hundred day moving average is €29.34. The company has a debt-to-equity ratio of 28.89, a quick ratio of 1.61 and a current ratio of 1.46.

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.