Computacenter (LON:CCC) Stock Passes Above 200-Day Moving Average of $2,769.43

Computacenter plc (LON:CCC)’s share price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 2,769.43 ($35.19) and traded as high as GBX 2,970 ($37.74). Computacenter shares last traded at GBX 2,948 ($37.46), with a volume of 756,363 shares traded.

Wall Street Analysts Forecast Growth

CCC has been the topic of a number of recent analyst reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 3,900 ($49.56) price target on shares of Computacenter in a report on Wednesday, March 20th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 3,300 ($41.93) price target on shares of Computacenter in a research report on Thursday, June 6th.

Computacenter Trading Down 0.5 %

The company has a debt-to-equity ratio of 13.44, a current ratio of 1.26 and a quick ratio of 0.95. The stock’s 50-day moving average is GBX 2,710.43 and its two-hundred day moving average is GBX 2,769.43. The stock has a market cap of £3.36 billion, a P/E ratio of 1,704.05, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71.

Insider Transactions at Computacenter

In related news, insider Michael J. Norris sold 3,250 shares of the firm’s stock in a transaction dated Tuesday, April 2nd. The shares were sold at an average price of GBX 2,708 ($34.41), for a total value of £88,010 ($111,829.73). Company insiders own 34.95% of the company’s stock.

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.