(VIANEWS) – Shares of COFACE (CAC 40: COFA.PA) rose 9.73% to €13.31 at 14:53 EST on Friday, after four sequential sessions in a row of losses. CAC 40 is jumping 0.39% to €7,257.49, after four successive sessions in a row of losses. This seems, so far, a somewhat up trend exchanging session today.
COFACE’s last close was €12.13, 16% below its 52-week high of €14.44.
About COFACE
COFACE SA, through its subsidiaries, provides credit insurance products and related services for microenterprises, small and medium enterprises, mid-market companies, international corporations, financial institutions, and clients of distribution partners. The company offers credit insurance products to protect companies against default on payment of its trade receivables. It also provides integrated credit management solutions comprising credit insurance, single risk insurance, business information and debt collection services for insured and uninsured businesses; and factoring services, as well as contract and environmental surety, customs and excise, and legal bonds; and payment guarantees. In addition, the company offers business information services through its ICON portal, an information services web platform. It operates in Western Europe, Northern Europe, Central and Eastern Europe, the Mediterranean and Africa, North America, Latin America, and the Asia-Pacific. COFACE SA was founded in 1946 and is headquartered in Bois-Colombes, France.
Earnings Per Share
As for profitability, COFACE has a trailing twelve months EPS of €1.9.
PE Ratio
COFACE has a trailing twelve months price to earnings ratio of 7.01. Meaning, the purchaser of the share is investing €7.01 for every euro of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 13.81%.
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