GFT Technologies (ETR:GFT) Stock Price Down 2.8% – Here’s What Happened

GFT Technologies SE (ETR:GFTGet Free Report)’s share price was down 2.8% during trading on Wednesday . The company traded as low as €25.90 and last traded at €25.95. Approximately 33,766 shares were traded during mid-day trading, a decline of 75% from the average session volume of 133,979 shares. The stock had previously closed at €26.70.

GFT Technologies Stock Performance

The stock has a market cap of $688.10 million, a PE ratio of 14.52, a P/E/G ratio of 2.05 and a beta of 0.89. The firm’s 50-day moving average is €23.63 and its 200 day moving average is €21.22. The company has a debt-to-equity ratio of 51.84, a quick ratio of 1.32 and a current ratio of 1.12.

About GFT Technologies

(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. The company serves clients in investment and retail banking, insurance, and industrial sectors.

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