GFT Technologies (ETR:GFT) Stock Price Down 2.4% – Should You Sell?

by · The Markets Daily

Shares of GFT Technologies SE (ETR:GFT – Get Free Report) dropped 2.4% during trading on Wednesday . The stock traded as low as €22.80 ($23.51) and last traded at €22.80 ($23.51). 35,684 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 133,979 shares. The stock had previously closed at €23.35 ($24.07).

GFT Technologies Price Performance

The company has a debt-to-equity ratio of 83.32, a quick ratio of 1.32 and a current ratio of 1.09. The firm’s fifty day simple moving average is €22.11 and its 200 day simple moving average is €22.60. The firm has a market cap of $600.32 million, a P/E ratio of 12.32, a P/E/G ratio of 2.05 and a beta of 1.67.

GFT Technologies Company Profile

(Get Free Report)

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.

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