MAREL Stock Bearish By 10% So Far On Thursday

(VIANEWS) – Shares of MAREL (AEX-Index: MAREL.AS) dropped by a staggering 10.55% to €3.56 at 11:07 EST on Thursday, after two consecutive sessions in a row of losses. AEX-Index is sliding 0.41% to €741.16, after two consecutive sessions in a row of losses. This seems, as yet, a somewhat negative trend exchanging session today.

About MAREL

Marel hf. develops, distributes, and sells solutions, software, and services to food processing industries in Europe, the Middle East, Africa, the Americas, Asia, and Oceania. The company's Poultry Processing segment offers integrated systems, software, and services for processing broilers, turkeys, and ducks. Its Meat Processing segment supplies primary, secondary, and further processing equipment, systems, software, and services of pork, beef, veal, and sheep. The company's Fish Processing segment offers equipment, systems, software, and services for farmed and wild salmon and whitefish processing. Its Plant, pet and feed segment provides solutions and services to the pet food, plant-based protein, and aqua feed markets. Marel hf. was founded in 1977 and is based in Garðabær, Iceland.

Earnings Per Share

As for profitability, MAREL has a trailing twelve months EPS of €0.08.

PE Ratio

MAREL has a trailing twelve months price to earnings ratio of 44.5. Meaning, the purchaser of the share is investing €44.5 for every euro of annual earnings.

Volatility

MAREL’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.80%, a positive 0.19%, and a positive 1.82%.

MAREL’s highest amplitude of average volatility was 2.80% (last week), 1.76% (last month), and 1.82% (last quarter).

Stock Price Classification

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

More news about MAREL (MAREL.AS).

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