GFT Technologies (ETR:GFT) Shares Climb 3.3% – Here’s Why
by Kim Johansen · The Markets DailyGFT Technologies SE (ETR:GFT – Get Free Report)’s share price traded up 3.3% on Wednesday. The stock traded as high as €28.05 and last traded at €27.90. Approximately 151,915 shares were traded during mid-day trading, an increase of 13% from the average session volume of 133,979 shares. The stock had previously closed at €27.00.
GFT Technologies Price Performance
The stock’s fifty day moving average price is €24.94 and its 200-day moving average price is €22.10. The firm has a market cap of $739.80 million, a price-to-earnings ratio of 15.61, a P/E/G ratio of 2.05 and a beta of 0.89. The company has a current ratio of 1.12, a quick ratio of 1.32 and a debt-to-equity ratio of 51.84.
GFT Technologies Company Profile
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. The company serves clients in investment and retail banking, insurance, and industrial sectors.