CNOVA Stock Bullish Momentum With A 27.76% Jump Today

(VIANEWS) – The Market ended the session with CNOVA (CNV.PA) rising 27.76% to €4.97 on Wednesday, after two successive sessions in a row of losses. CAC 40 slid 3.58% to €6,885.71, following the last session’s upward trend on what was a very down trend exchanging session today.

CNOVA’s last close was €3.89, 34.29% below its 52-week high of €5.92.

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 Billetterie, a ticketing platform; Cdiscount Energie for home energy; 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 and C Chez Vous 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 €-0.068.

Volume

Today’s last reported volume for CNOVA is 950 which is 27.48% below its average volume of 1310.

Revenue Growth

Year-on-year quarterly revenue growth declined by 29.2%, now sitting on 1.7B for the twelve trailing months.

Stock Price Classification

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

Moving Average

CNOVA’s worth is way higher than its 50-day moving average of €3.15 and way higher than its 200-day moving average of €3.77.

More news about CNOVA (CNV.PA).

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