(VIANEWS) – Shares of MAREL (AEX-Index: MAREL.AS) dropped by a staggering 20.82% in 5 sessions from €3.89 to €3.08 at 20:07 EST on Tuesday, following the last session’s downward trend. AEX-Index is dropping 0.57% to €748.38, after two sequential sessions in a row of gains.
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 €0.07.
PE Ratio
MAREL has a trailing twelve months price to earnings ratio of 44. Meaning, the purchaser of the share is investing €44 for every euro of annual earnings.
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