BALYO Stock Bullish Momentum With A 29% Rise In The Last 21 Sessions

(VIANEWS) – Shares of BALYO (CAC 40: BALYO.PA) rose by a staggering 29.53% in 21 sessions from €0.58 to €0.75 at 16:54 EST on Monday, following the last session’s downward trend. CAC 40 is rising 0.36% to €7,374.36, after two sequential sessions in a row of gains.

BALYO’s last close was €0.74, 41.36% below its 52-week high of €1.26.

About BALYO

Balyo SA designs, develops, and markets material handling robots worldwide. The company offers robotic pallet and reach trucks, tuggers, stackers, counterbalanced stackers, very narrow aisles, and autonomous mobile robots. Its products are used in intelligent pallet detection, barcode scanning, inter-building transport, push button configuration, machine interface, ERP interfacing, and palletizers; and WMS interface and 3D camera applications. The company serves 3PL, automotive, e-commerce, and consumer goods industries. Balyo SA was founded in 2004 and is headquartered in Arcueil, France.

Earnings Per Share

As for profitability, BALYO has a trailing twelve months EPS of €-0.2.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, BALYO’s stock is considered to be overbought (>=80).

Sales Growth

BALYO’s sales growth for the current quarter is negative 32.3%.

More news about BALYO (BALYO.PA).

Leave a Reply

Your email address will not be published. Required fields are marked *