ACTEOS (CAC 40: EOS.PA), a French supply chain management software firm, experienced an unexpected drop of 15.82% Tuesday. This came as quite an eye-opener as only 0.71% had declined on its index (to EUR7,444.77) indicating bearish signs in the market.
Analysis of ACTEOS’s Market Performance
ACTEOS’ last closing price of EUR1.58 marked an 18.56% decline from its 52-week high of EUR1.94. It is evident that ACTEOS isn’t immune to market volatility as its intraday variation varied between 0.44% and 2.02% in each of its last week, month and quarter periods; with average volatility peaking at 1.52% per week/month/quarter respectively reflecting its uncertain fate. Additionally, the company reported an Earnings Per Share (EPS) value of EUR-0.05 over its last twelve month financial period, reflecting losses in profitability.
Market Sentiments and ACTEOS’s Performance
ACTEOS’s steep drop could be explained by both its financial performance and overall market sentiment, such as investor reservations about profitability. Furthermore, global economic malaise could further erode stock values further.
About ACTEOS
ACTEOS was established in 1986 and offers an array of services such as its Acteos suite, mobility solutions, software-as-a-service offerings, hotline assistance, technical project management, technical project consulting and project consulting throughout France, Germany and Lebanon.
More news about ACTEOS (EOS.PA).
