BELIEVE Stock Impressive Rise On Tuesday, Outperforms Market

(VIANEWS) – The Market ended the session with BELIEVE (BLV.PA) rising 18.39% to €14.68 on Tuesday while CAC 40 slid 0.84% to €7,625.31.

BELIEVE’s last close was €12.40, 2.82% below its 52-week high of €12.76.

About BELIEVE

Believe S.A. provides music distribution and marketing services for artists and labels worldwide. The company's physical and digital distribution services include a range of digital music services and video streaming, as well as a network of physical distribution partners. It also provides brand partnership, video, synchronization, music publishing and additional services. Believe S.A. was incorporated in 2005 and is headquartered in Paris, France.

Earnings Per Share

As for profitability, BELIEVE has a trailing twelve months EPS of €-0.22.

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 negative -4.27%.

Sales Growth

BELIEVE’s sales growth is 32.3% for the ongoing quarter and 14.3% for the next.

Moving Average

BELIEVE’s worth is way above its 50-day moving average of €10.55 and way higher than its 200-day moving average of €10.24.

More news about BELIEVE (BLV.PA).

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