(VIANEWS) – Shares of OVH (CAC 40: OVH.PA) dropped by a staggering 13.51% to €9.86 at 11:05 EST on Wednesday, after two successive sessions in a row of gains. CAC 40 is dropping 0.08% to €7,527.43, following the last session’s upward trend. This seems, as yet, a somewhat negative trend exchanging session today.
OVH’s last close was €11.40, 47.78% under its 52-week high of €21.83.
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 €-0.15.
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%.
More news about OVH (OVH.PA).
