Computacenter (LON:CCC) Reaches New 12-Month Low – Here’s Why

Computacenter plc (LON:CCC)’s share price reached a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 2,034 ($24.84) and last traded at GBX 2,036 ($24.86), with a volume of 249619 shares trading hands. The stock had previously closed at GBX 2,074 ($25.32).

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 3,400 ($41.51) target price on shares of Computacenter in a report on Tuesday, December 17th.

Computacenter Trading Up 0.1 %

The company has a quick ratio of 0.95, a current ratio of 1.31 and a debt-to-equity ratio of 12.40. The stock has a market capitalization of £2.19 billion, a P/E ratio of 1,358.34, a PEG ratio of 6.99 and a beta of 0.71. The firm’s 50-day simple moving average is GBX 2,185.77 and its 200 day simple moving average is GBX 2,476.56.

Insider Buying and Selling

In related news, insider Peter James Ogden sold 562,284 shares of the stock in a transaction on Tuesday, October 29th. The stock was sold at an average price of GBX 2,312 ($28.23), for a total value of £13,000,006.08 ($15,873,023.30). 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.