(VIANEWS) – Shares of RALLYE (CAC 40: RAL.PA) jumped by a staggering 21.1% to €1.97 at 14:07 EST on Tuesday, after two sequential sessions in a row of gains. CAC 40 is falling 0.03% to €7,248.34, following the last session’s upward trend. This seems, as yet, a somewhat bearish trend trading session today.
RALLYE’s last close was €1.63, 54.72% below its 52-week high of €3.60.
About RALLYE
Rallye SA, together with its subsidiaries, engages in the food and non-food e-commerce retailing business in France and internationally. The company operates in two segments, Food and General Retailing, and Holdings and Other Activities. It operates hypermarkets, supermarkets, and convenience stores. The company conducts its retailing activities in France primarily under the Casino, Monoprix, and Franprix banners; food retail activities in Latin America mainly under the GPA food banners, Éxito, Disco-Devoto, and Libertad banners; and e-commerce comprising Cdiscount and the Cnova N.V. holding company businesses. It is also involved in the financial investment and management, property development, and energy related activities. The company was founded in 1925 and is headquartered in Paris, France. As of December 31, 2021, Rallye SA operates as a subsidiary of Foncière Euris SA.
Earnings Per Share
As for profitability, RALLYE has a trailing twelve months EPS of €-9.92.
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 -9.93%.
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