(VIANEWS) – The Market ended the session with CENERGY (CENER.BR) jumping 9.07% to €5.77 on Tuesday, after five successive sessions in a row of losses. BEL 20 jumped 1.75% to €3,540.94, following the last session’s downward trend on what was an all-around up trend trading session today.
About CENERGY
Cenergy Holdings SA manufactures and sells aluminum, copper, cables, steel and steel pipes, and other related products in Belgium and internationally. It operates through two segments: Cables and Steel Pipes. The company offers submarine and land, power distribution, high voltage direct current, wind farm, industrial, signalling and railway signalling, network, data transmission, telecommunication, umbilicals, and optical fiber cables, as well as low, medium, high, and extra high voltage power cables; and fiber to the home cables. It also provides turnkey solutions, such as custom adapted application, supervision, technical support, transport and storage, training, spare part, installation, and repair and replacement. In addition, the company offers onshore and offshore pipelines, and casing pipes for transportation of oil, gas, and hydrogen, as well as carbon capture and storage applications; and hollow structural section products which are primarily used in the construction, power and telecom cables, wires, and raw materials. It serves power grids, interconnections, offshore and onshore wind, solar energy, telecommunications and data transmission, oil and gas, and heavy industries. The company was founded in 1949 and is based in Brussels, Belgium. Cenergy Holdings SA operates as a subsidiary of Viohalco S.A.
Earnings Per Share
As for profitability, CENERGY has a trailing twelve months EPS of €0.3.
PE Ratio
CENERGY has a trailing twelve months price to earnings ratio of 19.23. Meaning, the purchaser of the share is investing €19.23 for every euro of annual earnings.
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