(VIANEWS) – Shares of BALYO (CAC 40: BALYO.PA) slid by a staggering 33.59% in 21 sessions from €0.77 to €0.51 at 14:53 EST on Wednesday, following the last session’s downward trend. CAC 40 is jumping 1.27% to €7,178.34, after two sequential sessions in a row of gains.
BALYO’s last close was €0.56, 55.78% below its 52-week high of €1.26.
About BALYO
Balyo SA designs, develops, and markets material handling robots worldwide. The company offers robotic pallet and reach trucks, tuggers, stackers, counterbalanced stackers, very narrow aisles, and autonomous mobile robots. Its products are used in intelligent pallet detection, barcode scanning, inter-building transport, push button configuration, machine interface, ERP interfacing, and palletizers; and WMS interface and 3D camera applications. The company serves 3PL, automotive, e-commerce, and consumer goods industries. Balyo SA was founded in 2004 and is headquartered in Arcueil, France.
Earnings Per Share
As for profitability, BALYO has a trailing twelve months EPS of €-0.28.
Sales Growth
BALYO’s sales growth for the current quarter is negative 32.3%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 13.7%, now sitting on 20.45M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, BALYO’s stock is considered to be overbought (>=80).
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