(VIANEWS) – Shares of DEEZER (CAC 40: DEEZR.PA) fell by a staggering 22.63% in 10 sessions from €2.78 to €2.15 at 16:54 EST on Tuesday, after five successive sessions in a row of losses. CAC 40 is rising 0.04% to €7,375.94, after three consecutive sessions in a row of gains.
DEEZER’s last close was €2.22, 73.91% below its 52-week high of €8.50.
About DEEZER
Deezer S.A. provides music streaming services worldwide. The company streams songs, audio books, and radio channels. It offers its music steaming services through website, Deezer.com and a mobile application; and operates in approximately 180 countries. The company was founded in 2006 and is based in Paris, France.
Moving Average
DEEZER’s value is way below its 50-day moving average of €2.60 and way below its 200-day moving average of €3.45.
Revenue Growth
Year-on-year quarterly revenue growth grew by 40.9%, now sitting on 451.2M for the twelve trailing months.
Volume
Today’s last reported volume for DEEZER is 23337 which is 139.18% above its average volume of 9360.
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