GFT Technologies SE (ETR:GFT – Get Rating)’s share price rose 2% on Friday . The stock traded as high as €36.22 ($39.37) and last traded at €36.12 ($39.26). Approximately 16,585 shares changed hands during mid-day trading, a decrease of 88% from the average daily volume of 133,979 shares. The stock had previously closed at €35.42 ($38.50).
Wall Street Analyst Weigh In
Separately, Warburg Research set a €49.00 ($53.26) price objective on shares of GFT Technologies in a research note on Friday, March 3rd.
GFT Technologies Stock Down 0.3 %
The company has a current ratio of 1.44, a quick ratio of 1.32 and a debt-to-equity ratio of 36.64. The firm’s 50 day simple moving average is €37.51 and its two-hundred day simple moving average is €35.39. The firm has a market cap of $947.88 million, a price-to-earnings ratio of 20.69, a PEG ratio of 2.05 and a beta of 2.03.
About GFT Technologies
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GFT Technologies SE, together with its subsidiaries, provides digital transformation services. The company operates in two segments, Americas, UK & APAC; and Continental Europe. It offers consulting on the development and realization of IT strategies, development of bespoke IT solutions, implementation of sector-specific software, and maintenance and development of business-critical IT solutions.
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