NEXITY Stock Bearish Momentum With A 9% Slide So Far On Thursday

(VIANEWS) – Shares of NEXITY (CAC 40: NXI.PA) fell 9.36% to €24.02 at 13:06 EST on Thursday, after two consecutive sessions in a row of losses. CAC 40 is rising 0.23% to €7,316.33, after four sequential sessions in a row of losses. This seems, up until now, a somewhat bullish trend exchanging session today.

NEXITY’s last close was €26.50, 27.83% under its 52-week high of €36.72.

About NEXITY

Nexity SA operates as a real estate company in Europe and internationally. The company operates through Development, Services, and Other Activities divisions. It develops new homes and subdivisions; and new or refurbished office buildings, high-rises, business parks, logistics facilities, retail property, hotels, and other industrial spaces. The company also provides property management services comprising rental management, sales and lettings, and condominium managing agent services, as well as manages serviced residences for students and for seniors; distributes real estate products under the iSelection and PERL brands; offers real estate brokerage, and space planning services; and real estate services, including rental management and property management services. In addition, it engages in the villes and projets, and pre-development urban regeneration project activities; and investment activities, as well as startup in the incubation phase. The company serves individual, commercial, institutional, and local authority clients. Nexity SA was founded in 1995 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, NEXITY has a trailing twelve months EPS of €1.51.

PE Ratio

NEXITY has a trailing twelve months price to earnings ratio of 15.91. Meaning, the purchaser of the share is investing €15.91 for every euro of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 5.92%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NEXITY’s stock is considered to be overbought (>=80).

More news about NEXITY (NXI.PA).

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