FERMENTALG Stock Bearish Momentum With A 32% Drop In The Last 21 Sessions

(VIANEWS) – Shares of FERMENTALG (CAC 40: FALG.PA) fell by a staggering 32% in 21 sessions from €1.5 to €1.02 at 03:00 EST on Monday, following the last session’s downward trend. CAC 40 is rising 0.12% to €7,324.75, following the last session’s upward trend.

About FERMENTALG

Fermentalg SA develops, produces, and sells active ingredients extracted from microalgae for the food, health, nutrition, and environment sectors in France and internationally. It offers DHA ORIGINS, a plant-based DHA oil; aquafeeds and pet foods; BLUE ORIGIN, a natural color; and environmental and clean air solutions that captures CO2 in industries. The company was incorporated in 2009 and is headquartered in Libourne, France.

Earnings Per Share

As for profitability, FERMENTALG has a trailing twelve months EPS of €-0.32.

Stock Price Classification

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

More news about FERMENTALG (FALG.PA).

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