OVH Stock Is 11% Down At Session Start On Thursday

(VIANEWS) – Shares of OVH (CAC 40: OVH.PA) slid by a staggering 11.86% to €12.34 at 10:07 EST on Thursday, following the last session’s upward trend. CAC 40 is falling 0.32% to €7,301.18, after two sequential sessions in a row of losses. This seems, up until now, a somewhat negative trend exchanging session today.

OVH’s last close was €14.00, 43.98% under its 52-week high of €24.99.

About OVH

OVH Groupe SAS provides public and private cloud, shared hosting, and dedicated server products and solutions worldwide. The company operates through three segments: Private Cloud, Public Cloud, and Web Cloud & Other. It offers Bare Metal Cloud, an instant provisioning and automated access to dedicated servers; Hosted Private Cloud, which provides servers fully managed by OVHcloud for hosting strategic sensitive data, such as health or financial data; Public Cloud that provides cloud computing services on shared servers; and web cloud services. The company also offers website hosting, domain name registration, telephony, and internet access services, as well as voice over internet protocol solutions. OVH Groupe SAS was founded in 1999 and is headquartered in Roubaix, France.

Earnings Per Share

As for profitability, OVH has a trailing twelve months EPS of €-0.19.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -9.9%.

Yearly Top and Bottom Value

OVH’s stock is valued at €12.34 at 10:07 EST, way below its 52-week high of €24.99 and way higher than its 52-week low of €9.72.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, OVH’s stock is considered to be overbought (>=80).

Moving Average

OVH’s worth is way under its 50-day moving average of €15.16 and way below its 200-day moving average of €14.70.

Volume

Today’s last reported volume for OVH is 412836 which is 533.57% above its average volume of 65160.

More news about OVH (OVH.PA).

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