(VIANEWS) – Shares of OREGE (CAC 40: OREGE.PA) dropped by a staggering 25.65% in 10 sessions from €0.27 to €0.20 at 20:06 EST on Wednesday, after five successive sessions in a row of losses. CAC 40 is falling 1.54% to €7,098.70, after two sequential sessions in a row of losses.
OREGE’s last close was €0.22, 73.41% under its 52-week high of €0.82.
About OREGE
Orege Société Anonyme designs, develops, operates, manufactures, and markets municipal and industrial sludge, and effluents treatment solutions in France, the United States, Japan, Germany, and the United Kingdom. The company offers SLG solution for conditioning, treating, and recovering municipal and industrial sludge; SLG-F, a combination of SLG conditioning solution; and Flosep for sludge separation and thickening tool. It also provides after-sales, installation and commissioning, operator training, warranty extensions, maintenance, and process line optimization services. The company was incorporated in 2005 and is headquartered in Voisins-Le-Bretonneux, France. Orege Société Anonyme is a subsidiary of Eren Groupe SA.
Earnings Per Share
As for profitability, OREGE has a trailing twelve months EPS of €-0.09.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, OREGE’s stock is considered to be overbought (>=80).
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