LATECOERE Stock Impressive Jump On Monday, Outperforms Market

(VIANEWS) – The Market ended the session with LATECOERE (LAT.PA) rising 11.31% to €0.04 on Monday, after five successive sessions in a row of losses. CAC 40 jumped 0.18% to €7,246.93, following the last session’s upward trend on what was a somewhat bullish trend exchanging session today.

LATECOERE’s last close was €0.03, 99.31% below its 52-week high of €4.88.

About LATECOERE

Latécoère S.A. designs, manufactures, assembles, and installs aerostructures and interconnection systems in Europe, the United States, Africa, Asia, and internationally. The company operates through Aerostructures and Interconnection systems segments. It also supplies doors, fuselage, wings, empennage, and connecting rods, as well as manufactures wing sub-assemblies and fuselage components, such as sections, tail cones, front fairings, and watertight bulkheads. In addition, the company offers interconnection systems components comprising of avionics racks, test benches, EWIS and space harnesses; cameras, screens, data transmission solutions; and other electronics. The company was founded in 1917 and is headquartered in Toulouse, France. Latécoère S.A. is a subsidiary of SCP SKN HOLDING I SAS.

Earnings Per Share

As for profitability, LATECOERE has a trailing twelve months EPS of €-8.26.

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 -311.52%.

Dividend Yield

As claimed by Morningstar, Inc., the next dividend payment is on Jun 25, 2008, the estimated forward annual dividend yield is 9.26%.

Stock Price Classification

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

More news about LATECOERE (LAT.PA).

Leave a Reply

Your email address will not be published. Required fields are marked *