FERMENTALG Stock Bullish Momentum With A 10.94% Rise Before The Weekend

(VIANEWS) – The Market ended the session with FERMENTALG (FALG.PA) rising 10.94% to €0.32 on Friday, following the last session’s upward trend. CAC 40 dropped 0.4% to €7,371.64, following the last session’s upward trend on what was a somewhat bearish trend exchanging session today.

FERMENTALG’s last close was €0.29, 84.63% under its 52-week high of €1.87.

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; KALVEA PLUS, a nutritious algal protein concentrate dedicated to aquafeed applications; Everzure, an extract of natural acid stable blue color; BLUE ORIGINS AOX, an antioxidant and anti-inflammatory activities; 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 €-0.24.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -24.52%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, FERMENTALG’s stock is considered to be oversold (<=20).

Volume

Today’s last reported volume for FERMENTALG is 1348840 which is 142.18% above its average volume of 556953.

Moving Average

FERMENTALG’s value is way under its 50-day moving average of €0.50 and way below its 200-day moving average of €0.90.

Volatility

FERMENTALG’s last week, last month’s, and last quarter’s current intraday variation average was 0.78%, 0.80%, and 5.72%.

FERMENTALG’s highest amplitude of average volatility was 3.57% (last week), 4.17% (last month), and 5.72% (last quarter).

More news about FERMENTALG (FALG.PA).

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