GFT Technologies (ETR:GFT) Stock Price Down 0.2% – Here’s Why

GFT Technologies SE (ETR:GFT)’s share price fell 0.2% on Monday . The stock traded as low as €21.35 ($22.47) and last traded at €21.50 ($22.63). 43,465 shares were traded during trading, a decline of 68% from the average session volume of 133,979 shares. The stock had previously closed at €21.55 ($22.68).

GFT Technologies Stock Performance

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 cap of $562.15 million, a price-to-earnings ratio of 11.62, a PEG ratio of 2.05 and a beta of 1.67. The stock’s fifty day moving average is €21.88 and its 200-day moving average is €23.41.

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.