ABC ARBITRAGE Stock Jump Before The Weekend, Outperforms Market

(VIANEWS) – The Market ended the session with ABC ARBITRAGE (ABCA.PA) rising 9.72% to €3.95 on Friday, after two sequential sessions in a row of losses. CAC 40 jumped 0.09% to €7,934.17, following the last session’s downward trend on what was a somewhat bullish trend trading session today.

ABC ARBITRAGE’s last close was €3.60, 45.62% under its 52-week high of €6.62.

About ABC ARBITRAGE

ABC arbitrage SA, together with its subsidiaries, engages in the development of arbitrage strategies for liquid assets worldwide. It develops liquidity, statistical, risk, and derivatives arbitrage strategies; and provides asset and portfolio management services. The company was incorporated in 1995 and is based in Paris, France.

Earnings Per Share

As for profitability, ABC ARBITRAGE has a trailing twelve months EPS of €0.37.

PE Ratio

ABC ARBITRAGE has a trailing twelve months price to earnings ratio of 10.68. Meaning, the purchaser of the share is investing €10.68 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.59%.

Volume

Today’s last reported volume for ABC ARBITRAGE is 139691 which is 64.77% above its average volume of 84777.

More news about ABC ARBITRAGE (ABCA.PA).

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