Computacenter (LON:CCC) Sets New 1-Year Low – What’s Next?

Shares of Computacenter plc (LON:CCC) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 2,039 ($25.51) and last traded at GBX 2,108 ($26.38), with a volume of 1268 shares. The stock had previously closed at GBX 2,106 ($26.35).

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a “buy” rating and issued a GBX 3,400 ($42.54) target price on shares of Computacenter in a research report on Tuesday, December 17th.

Computacenter Stock Up 0.1 %

The stock has a market cap of £2.29 billion, a P/E ratio of 1,417.33, a price-to-earnings-growth ratio of 6.99 and a beta of 0.71. The stock’s 50-day moving average is GBX 2,212.37 and its 200-day moving average is GBX 2,506.55. The company has a current ratio of 1.31, a quick ratio of 0.95 and a debt-to-equity ratio of 12.40.

Insider Activity

In other news, insider Peter James Ogden sold 562,284 shares of the business’s stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 2,312 ($28.93), for a total value of £13,000,006.08 ($16,266,273.87). Insiders own 36.41% of the company’s stock.

About Computacenter

Computacenter is a leading independent technology and services provider, trusted by large corporate and public sector organisations.

We are a responsible business that believes in winning together for our people and our planet. We help our customers to Source, Transform and Manage their technology infrastructure to deliver digital transformation, enabling people and their business.