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

(VIANEWS) – Shares of OREGE (CAC 40: OREGE.PA) dropped by a staggering 31.03% in 21 sessions from €0.29 to €0.20 at 05:05 EST on Thursday, after five successive sessions in a row of losses. CAC 40 is sliding 1.54% to €7,098.70, after three consecutive sessions in a row of losses.

OREGE’s last close was €0.20, 75.61% 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 €-0.09.

Sales Growth

OREGE’s sales growth for the current quarter is 73%.

Moving Average

OREGE’s value is way below its 50-day moving average of €0.32 and way under its 200-day moving average of €0.50.

Volatility

OREGE’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.03%, a negative 1.14%, and a positive 3.27%.

OREGE’s highest amplitude of average volatility was 3.03% (last week), 3.29% (last month), and 3.27% (last quarter).

Stock Price Classification

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

More news about OREGE (OREGE.PA).

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