(VIANEWS) – Shares of NEW SOURCES ENERGY (AEX-Index: NSE.AS) dropped by a staggering 32.2% in 21 sessions from €0.06 to €0.04 at 08:07 EST on Tuesday, following the last session’s downward trend. AEX-Index is jumping 0.29% to €752.68, after two sequential sessions in a row of gains.
About NEW SOURCES ENERGY
New Sources Energy N.V. develops, operates, exploits, and invests in projects that generates electricity using renewable energy sources. The company was formerly known as Management Share NV and changed its name to New Sources Energy N.V. in July 2011. New Sources Energy N.V. is headquartered in Amersfoort, the Netherlands.
Volatility
NEW SOURCES ENERGY’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.43%, a negative 4.99%, and a positive 5.93%.
NEW SOURCES ENERGY’s highest amplitude of average volatility was 12.86% (last week), 9.14% (last month), and 5.93% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, NEW SOURCES ENERGY’s stock is considered to be oversold (<=20).
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