(VIANEWS) – Shares of RALLYE (CAC 40: RAL.PA) dropped by a staggering 33.95% in 21 sessions from €1.51 to €1.00 at 05:05 EST on Thursday, after three sequential sessions in a row of losses. CAC 40 is dropping 1.7% to €7,253.46, after three sequential sessions in a row of losses.
RALLYE’s last close was €1.03, 74.55% under its 52-week high of €4.04.
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 €-4.14.
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%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 9.3%, now sitting on 34.01B for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, RALLYE’s stock is considered to be overbought (>=80).
Volume
Today’s last reported volume for RALLYE is 92144 which is 60.47% above its average volume of 42324.
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