(VIANEWS) – Shares of AERKOMM INC (CAC 40: AKOM.PA) slid by a staggering 21.67% in 10 sessions from €4.06 to €3.18 at 19:39 EST on Friday, after five consecutive sessions in a row of losses. CAC 40 is dropping 0.25% to €7,347.72, after four consecutive sessions in a row of gains.
About AERKOMM INC
Aerkomm Inc., together with its subsidiaries, focuses on providing in-flight entertainment and connectivity solutions in the Asian Pacific region. The company intends to offer airline passengers with broadband in-flight service options, such as Wi-Fi, cellular, movies, gaming, live TV, and music through built-in in-flight entertainment systems, such as seat-back displays, as well as on passengers' personal devices. It also focuses on providing content management services and e-commerce solutions; and AERKOMM K++ system, a IFEC system. The company is based in Fremont, California.
Earnings Per Share
As for profitability, AERKOMM INC has a trailing twelve months EPS of €-0.794.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AERKOMM INC’s stock is considered to be overbought (>=80).
More news about AERKOMM INC (AKOM.PA).
