(VIANEWS) – Shares of CNOVA (CAC 40: CNV.PA) fell by a staggering 21.62% in 10 sessions from €3.7 to €2.90 at 05:52 EST on Wednesday, after two sequential sessions in a row of losses. CAC 40 is jumping 1.07% to €7,220.01, after three consecutive sessions in a row of gains.
CNOVA’s last close was €2.90, 44.23% under its 52-week high of €5.20.
About CNOVA
Cnova N.V. operates as an e-commerce company in France and Western Europe. The company offers home appliances, consumer electronics, computers, home furnishings, and leisure and personal goods through its cdiscount.com website. It also operates Cdiscount Voyages, a travel platform; Cdiscount Mobile for cell phone plans; Cdiscount Advertising, a digital marketing solution; Octopia for turnkey marketplace solutions to retailers and e-merchants; and C-Logistics for transportation and logistics services. The company was founded in 1998 and is headquartered in Amsterdam, the Netherlands. Cnova N.V. is a subsidiary of Casino, Guichard-Perrachon S.A.
Earnings Per Share
As for profitability, CNOVA has a trailing twelve months EPS of €-0.45.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, CNOVA’s stock is considered to be oversold (<=20).
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