GFT Technologies (ETR:GFT) Shares Pass Above 50-Day Moving Average – What’s Next?

Shares of GFT Technologies SE (ETR:GFTGet Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of €18.84 and traded as high as €22.80. GFT Technologies shares last traded at €22.30, with a volume of 107,140 shares.

GFT Technologies Trading Up 0.2%

The company has a current ratio of 1.14, a quick ratio of 1.32 and a debt-to-equity ratio of 34.08. The company has a market capitalization of $592.64 million, a price-to-earnings ratio of 12.51, a PEG ratio of 2.05 and a beta of 0.85. The company has a fifty day moving average of €18.84 and a 200-day moving average of €18.47.

About GFT Technologies

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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. The company serves clients in investment and retail banking, insurance, and industrial sectors.

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