(VIANEWS) – Shares of PROACTIS SA (CAC 40: PROAC.PA) jumped by a staggering 20% in 5 sessions from €0.1 to €0.12 at 13:09 EST on Friday, following the last session’s upward trend. CAC 40 is rising 0.76% to €7,339.25, after four consecutive sessions in a row of losses.
PROACTIS SA’s last close was €0.12, 17.45% under its 52-week high of €0.15.
About PROACTIS SA
Proactis SA provides source-to-pay software solution. It operates software platform that will give control over business spend. It also offers procurement solutions that provide purchasing professionals with the tools they need for purchasing process for routine goods and services, capital goods, and major projects. In addition, it offers invoice capture services, system administration, supplier onboarding, and tail spent management services. Further, Its solutions integrate with various ERP or financial systems. The company was formerly known as HUBWOO and changed its name to Proactis SA in January 2019. The company is based in Suresnes, France. Proactis SA operates as a subsidiary of Proactis Euro Hedgeco Limited.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 1.69%.
Volume
Today’s last reported volume for PROACTIS SA is 6413 which is 99.49% below its average volume of 24749.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, PROACTIS SA’s stock is considered to be oversold (<=20).
Revenue Growth
Year-on-year quarterly revenue growth declined by 18%, now sitting on 14.35M for the twelve trailing months.
More news about PROACTIS SA (PROAC.PA).
