LATECOERE Stock Jumps 9% So Far On Friday, Outperforms Market

(VIANEWS) – Shares of LATECOERE (CAC 40: LAT.PA) jumped 9.63% to €0.24 at 14:54 EST on Friday, after two sequential sessions in a row of losses. CAC 40 is jumping 0.49% to €7,417.76, following the last session’s upward trend. This seems, so far, a somewhat bullish trend trading session today.

About LATECOERE

Latécoère S.A. designs, develops, manufactures, and supports aerostructures and interconnection systems in Europe, the United States, Africa, Asia, and internationally. The company manufactures aircraft structural elements, such as aircraft doors; and fuselage components, such as aircraft sections, tail cones, nose cone fairings, etc. It also offers electrical harnesses and wiring interconnection systems, avionics racks, airborne video equipment and systems, and test benches for the aeronautics, defense, and space sectors, as well as cameras, screens, data transmission solutions. 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 €0.13.

PE Ratio

LATECOERE has a trailing twelve months price to earnings ratio of 1.84. Meaning, the purchaser of the share is investing €1.84 for every euro of annual earnings.

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).

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