(VIANEWS) – Shares of MAREL (AEX-Index: MAREL.AS) dropped by a staggering 16.2% in 5 sessions from €3.95 to €3.31 at 11:10 EST on Monday, following the last session’s upward trend. AEX-Index is jumping 0.28% to €752.58, following the last session’s upward trend.
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 41.38. Meaning, the purchaser of the share is investing €41.38 for every euro of annual earnings.
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).
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