Computacenter (LON:CCC) Share Price Passes Above 200-Day Moving Average of $0.00

Computacenter plc (LON:CCC)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $0.00 and traded as high as $1,544.00. Computacenter shares last traded at $1,525.00, with a volume of 913,220 shares traded.

CCC has been the topic of several research analyst reports. Berenberg Bank restated a “buy” rating and issued a GBX 1,400 ($18.29) price objective on shares of Computacenter in a research report on Tuesday, April 30th. UBS Group upgraded shares of Computacenter to a “buy” rating and upped their price objective for the stock from GBX 1,080 ($14.11) to GBX 1,450 ($18.95) in a research report on Monday, April 29th. Finally, Barclays upgraded shares of Computacenter to an “equal weight” rating and upped their price objective for the stock from GBX 1,025 ($13.39) to GBX 1,260 ($16.46) in a research report on Monday, July 8th.

The company has a quick ratio of 1.10, a current ratio of 1.23 and a debt-to-equity ratio of 31.97. The stock’s 50-day moving average is GBX 1,322.66. The firm has a market cap of $1.74 billion and a price-to-earnings ratio of 21.75.

About Computacenter (LON:CCC)

Computacenter plc provides information technology (IT) infrastructure services in the United Kingdom, Germany, France, and internationally. The company offers endpoint, infrastructure, cyber security, information security management, and identity and access management solutions; network solutions, including local area and datacenter network, smart infrastructure, and audio-visual solutions; and datacenter solutions, such as enterprise computing, hybrid cloud, data and storage management, and analytics and big data.

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