GFT Technologies (ETR:GFT) Shares Down 2.4% – What’s Next?

Shares of GFT Technologies SE (ETR:GFT) traded down 2.4% during mid-day trading on Wednesday . The stock traded as low as €22.80 ($23.51) and last traded at €22.80 ($23.51). 35,684 shares changed hands during mid-day trading, a decline of 73% from the average session volume of 133,979 shares. The stock had previously closed at €23.35 ($24.07).

GFT Technologies Price Performance

The firm has a 50-day moving average of €22.11 and a 200 day moving average of €22.60. The company has a market capitalization of $600.32 million, a PE ratio of 12.32, a PEG ratio of 2.05 and a beta of 1.67. The company has a debt-to-equity ratio of 83.32, a current ratio of 1.09 and a quick ratio of 1.32.

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.