(VIANEWS) – Shares of NEW SOURCES ENERGY (AEX-Index: NSE.AS) slid by a staggering 28.57% in 21 sessions from €0.06 to €0.04 at 08:08 EST on Thursday, following the last session’s upward trend. AEX-Index is sliding 0.77% to €749.60, after two successive sessions in a row of losses.
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.
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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