Computacenter (LON:CCC) Trading Down 0.9% – Here’s Why

Computacenter plc (LON:CCC) traded down 0.9% during mid-day trading on Tuesday . The company traded as low as GBX 2,280 ($29.13) and last traded at GBX 2,280 ($29.13). 93,174 shares traded hands during trading, a decline of 78% from the average session volume of 421,401 shares. The stock had previously closed at GBX 2,300 ($29.39).

Computacenter Price Performance

The company’s 50 day moving average price is GBX 2,304.34 and its 200 day moving average price is GBX 2,573.63. The company has a debt-to-equity ratio of 12.40, a quick ratio of 0.95 and a current ratio of 1.31. The company has a market cap of £2.45 billion, a price-to-earnings ratio of 1,520.00, a P/E/G ratio of 6.99 and a beta of 0.71.

Insider Activity at Computacenter

In related news, insider Peter James Ogden sold 562,284 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of GBX 2,312 ($29.54), for a total value of £13,000,006.08 ($16,609,181.14). Also, insider Pauline Campbell acquired 8,900 shares of the company’s stock in a transaction that occurred on Tuesday, September 17th. The stock was bought at an average price of GBX 2,470 ($31.56) per share, with a total value of £219,830 ($280,861.12). 36.41% of the stock is currently owned by insiders.

Computacenter Company Profile

Computacenter plc provides technology and services to corporate and public sector organizations in the United Kingdom, Germany, France, North America, and internationally. The company provides workplace solutions, including device as a service, collaboration management, endpoint management, and intelligent support experience; cloud services, application and Al platforms, custom applications, and business automation; infrastructure service, data center and edge platforms, relocation and migration, and operational resilience; and networking solutions and services.