AERKOMM INC Stock Drops By 21% In The Last 10 Sessions

(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).

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