PARAGON ID Stock Bullish Momentum With A 33% Jump So Far On Tuesday

(VIANEWS) – Shares of PARAGON ID (CAC 40: PID.PA) jumped by a staggering 33.75% to €37.45 at 11:05 EST on Tuesday, after five consecutive sessions in a row of losses. CAC 40 is falling 0.28% to €7,293.26, following the last session’s downward trend. This seems, up until now, a somewhat down trend trading session today.

PARAGON ID’s last close was €28.00, 13.58% below its 52-week high of €32.40.

About PARAGON ID

Paragon ID SA provides identification solutions worldwide. It offers access control, brand protection, contactless ticketing, label, customer relationship management, magnetic and mobile ticketing, near field communication, operation maintenance, RFID technology, secure application module, smartcard kiosk, stock management, timed use ticketing, transport item tracking, and secure service solutions. The company also provides contactless and dual interface smart cards, identification documents, metal bank cards, passport E-covers, RFID labels, and eTrust that transforms secure paper-based products into intelligent documents, as well as various terminals, including couplers, readers, and accessories. It serves various clients in automotive, aviation, gaming, health, higher education, logistics, luxury products, manufacturing, mass transit and transport, mobility, parking, payment, pharmaceutical, retail, secure ID, and sport and leisure industries. The company was incorporated in 2019 and is headquartered in Mougins, France. Paragon ID SA is a subsidiary of Paragon Group Limited.

Earnings Per Share

As for profitability, PARAGON ID has a trailing twelve months EPS of €-0.06.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -0.42%.

Moving Average

PARAGON ID’s worth is way above its 50-day moving average of €29.90 and way above its 200-day moving average of €28.32.

Revenue Growth

Year-on-year quarterly revenue growth grew by 58.8%, now sitting on 164.13M for the twelve trailing months.

More news about PARAGON ID (PID.PA).

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