CNOVA Stock Bearish Momentum With A 28% Fall In The Last 10 Sessions

(VIANEWS) – Shares of CNOVA (CAC 40: CNV.PA) slid by a staggering 28.92% in 10 sessions from €3.7 to €2.63 at 14:54 EST on Thursday, after two successive sessions in a row of gains. CAC 40 is falling 1.77% to €7,181.06, after three consecutive sessions in a row of losses.

CNOVA’s last close was €2.51, 51.73% below its 52-week high of €5.20.

About CNOVA

Cnova N.V. operates as an e-commerce company in France and Western Europe. The company offers home appliances, consumer electronics, computers, home furnishings, and leisure and personal goods through its cdiscount.com website. It also operates Cdiscount Voyages, a travel platform; Cdiscount Mobile for cell phone plans; Cdiscount Advertising, a digital marketing solution; Octopia for turnkey marketplace solutions to retailers and e-merchants; and C-Logistics for transportation and logistics services. The company was founded in 1998 and is headquartered in Amsterdam, the Netherlands. Cnova N.V. is a subsidiary of Casino, Guichard-Perrachon S.A.

Earnings Per Share

As for profitability, CNOVA has a trailing twelve months EPS of €-0.35.

Moving Average

CNOVA’s value is way below its 50-day moving average of €3.85 and way under its 200-day moving average of €3.49.

More news about CNOVA (CNV.PA).

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