Cancom (ETR:COK) Trading Up 1.6% – Should You Buy?

Cancom SE (ETR:COKGet Free Report)’s share price shot up 1.6% during mid-day trading on Tuesday . The stock traded as high as €24.00 ($24.74) and last traded at €23.80 ($24.54). 31,933 shares changed hands during mid-day 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 Price Performance

The company has a current ratio of 1.46, a quick ratio of 1.61 and a debt-to-equity ratio of 28.89. The stock has a 50-day simple moving average of €23.84 and a 200 day simple moving average of €27.50. The stock has a market capitalization of $833.48 million, a price-to-earnings ratio of 20.88, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33.

About Cancom

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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.

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