GFT Technologies (ETR:GFT) Stock Crosses Above 50-Day Moving Average – Here’s Why

GFT Technologies SE (ETR:GFTGet Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of €22.12 ($23.28) and traded as high as €24.20 ($25.47). GFT Technologies shares last traded at €23.85 ($25.11), with a volume of 38,514 shares trading hands.

GFT Technologies Trading Down 1.5 %

The company’s 50 day moving average price is €22.12 and its 200 day moving average price is €23.10. The company has a debt-to-equity ratio of 83.32, a current ratio of 1.09 and a quick ratio of 1.32. The firm has a market cap of $618.76 million, a PE ratio of 12.89, a price-to-earnings-growth ratio of 2.05 and a beta of 1.67.

GFT Technologies Company Profile

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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.

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