Computacenter (LON:CCC) Reaches New 52-Week Low – Time to Sell?

Computacenter plc (LON:CCC)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 2,039 ($25.51) and last traded at GBX 2,108 ($26.38), with a volume of 1268 shares. The stock had previously closed at GBX 2,106 ($26.35).

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a GBX 3,400 ($42.54) target price on shares of Computacenter in a research report on Tuesday, December 17th.

Computacenter Price Performance

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’s fifty day moving average price is GBX 2,212.37 and its 200 day moving average price is GBX 2,506.55. The firm has a market capitalization of £2.29 billion, a price-to-earnings ratio of 1,417.33, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71.

Insider Buying and Selling at Computacenter

In other Computacenter news, insider Peter James Ogden sold 562,284 shares of the stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 2,312 ($28.93), for a total value of £13,000,006.08 ($16,266,273.87). 36.41% of the stock is currently owned by insiders.

Computacenter Company Profile

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.