OREGE Stock Bearish Momentum With A 31% Slide In The Last 21 Sessions

(VIANEWS) – Shares of OREGE (CAC 40: OREGE.PA) fell by a staggering 31.12% in 21 sessions from €0.39 to €0.27 at 08:10 EST on Tuesday, following the last session’s upward trend. CAC 40 is jumping 0.1% to €7,491.50, after two sequential sessions in a row of gains.

OREGE’s last close was €0.27, 67.2% below its 52-week high of €0.82.

About OREGE

Orege Société Anonyme designs, develops, operates, manufactures, and markets municipal and industrial sludge, and effluents treatment solutions in France, the United States, Japan, Germany, and the United Kingdom. The company offers SLG solution for conditioning, treating, and recovering municipal and industrial sludge; SLG-F, a combination of SLG conditioning solution; and Flosep for sludge separation and thickening tool. It also provides after-sales, installation and commissioning, operator training, warranty extensions, maintenance, and process line optimization services. The company was incorporated in 2005 and is headquartered in Voisins-Le-Bretonneux, France. Orege Société Anonyme is a subsidiary of Eren Groupe SA.

Earnings Per Share

As for profitability, OREGE has a trailing twelve months EPS of €-0.1.

Revenue Growth

Year-on-year quarterly revenue growth grew by 36.5%, now sitting on 2.55M for the twelve trailing months.

Moving Average

OREGE’s worth is way below its 50-day moving average of €0.37 and way under its 200-day moving average of €0.54.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, OREGE’s stock is considered to be oversold (<=20).

Yearly Top and Bottom Value

OREGE’s stock is valued at €0.27 at 08:10 EST, way under its 52-week high of €0.82 and above its 52-week low of €0.26.

More news about OREGE (OREGE.PA).

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