GFT Technologies (ETR:GFT) Trading Down 0.2% – Time to Sell?

GFT Technologies SE (ETR:GFT) shares dropped 0.2% during mid-day trading on Monday . The company traded as low as €21.35 ($22.47) and last traded at €21.50 ($22.63). Approximately 43,465 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 133,979 shares. The stock had previously closed at €21.55 ($22.68).

GFT Technologies Stock Down 0.7 %

The firm’s fifty day moving average price is €21.88 and its 200-day moving average price is €23.41. The firm has a market capitalization of $562.15 million, a P/E ratio of 11.62, a PEG ratio of 2.05 and a beta of 1.67. The company has a debt-to-equity ratio of 83.32, a current ratio of 1.09 and a quick ratio of 1.32.

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.