Cancom (ETR:COK) Stock Price Up 1.6% – Time to Buy?

Shares of Cancom SE (ETR:COK) shot up 1.6% during trading on Tuesday . The company traded as high as €24.00 ($24.74) and last traded at €23.80 ($24.54). 31,933 shares were traded during trading, a decline of 65% from the average session volume of 91,248 shares. The stock had previously closed at €23.42 ($24.14).

Cancom Stock Down 2.4 %

The firm has a 50-day moving average price of €23.81 and a two-hundred day moving average price of €27.48. The company has a market capitalization of $822.27 million, a P/E ratio of 20.60, a PEG ratio of 1.18 and a beta of 1.33. The company has a quick ratio of 1.61, a current ratio of 1.46 and a debt-to-equity ratio of 28.89.

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.