COFINA,SGPS Stock Is 30% Up So Far Today

(VIANEWS) – Shares of COFINA,SGPS (PSI: CFN.LS) jumped by a staggering 30% to €0.47 at 11:22 EST on Monday, after two sequential sessions in a row of gains. PSI is jumping 0.65% to €5,959.04, following the last session’s upward trend. This seems, at the moment, a somewhat up trend trading session today.

COFINA,SGPS’s last close was €0.36, 2.7% under its 52-week high of €0.37.

About COFINA,SGPS

Cofina, SGPS, S.A. engages in the publication of newspapers and magazines in Portugal. The company offers newspapers, including Correio da Manha, a daily newspaper; Record, a daily sports newspaper; Jornal de Negocios, an economic newspaper; and Destak, a free newspaper. It also provides Sábado, a general weekly magazine; and TV Guia, weekly television magazine, as well as digital products, including Flash and Máxima. In addition, the company operates portals, including maxima.pt, flash.pt, loja.xl.pt, passatempos.xl.pt, and xl.pt; broadcasts Correio da Manhã TV (cmTV), a cable television channel; and Nossa Aposta, an online gaming and betting. Further, it is involved in the production and creation of websites for online business development; organization, promotion, and management of events; and newspaper printing business. The company was incorporated in 1990 and is headquartered in Porto, Portugal.

Earnings Per Share

As for profitability, COFINA,SGPS has a trailing twelve months EPS of €0.1.

PE Ratio

COFINA,SGPS has a trailing twelve months price to earnings ratio of 4.68. Meaning, the purchaser of the share is investing €4.68 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 19.06%.

Sales Growth

COFINA,SGPS’s sales growth for the current quarter is 5.2%.

Volume

Today’s last reported volume for COFINA,SGPS is 919900 which is 513.41% above its average volume of 149963.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on May 17, 2023, the estimated forward annual dividend rate is 0.03 and the estimated forward annual dividend yield is 9.93%.

Yearly Top and Bottom Value

COFINA,SGPS’s stock is valued at €0.47 at 11:22 EST, way above its 52-week high of €0.37.

More news about COFINA,SGPS (CFN.LS).

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