GFT Technologies (ETR:GFT) Share Price Passes Below Fifty Day Moving Average of $22.35

GFT Technologies SE (ETR:GFT) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of €22.35 ($24.83) and traded as low as €21.40 ($23.78). GFT Technologies shares last traded at €21.55 ($23.94), with a volume of 28,731 shares traded.

GFT Technologies Trading Down 0.7 %

The stock’s 50 day moving average price is €22.35 and its 200-day moving average price is €25.64. The company has a quick ratio of 1.32, a current ratio of 1.09 and a debt-to-equity ratio of 83.32. The stock has a market capitalization of $567.41 million, a P/E ratio of 11.65, a P/E/G ratio of 2.05 and a beta of 1.67.

About GFT Technologies

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.