(VIANEWS) – The Market ended the session with REDITUS,SGPS (RED.LS) jumping 14.47% to €0.09 on Tuesday, after five sequential sessions in a row of losses. PSI jumped 0.46% to €6,055.55, after two consecutive sessions in a row of losses, on what was a somewhat bullish trend trading session today.
REDITUS,SGPS’s last close was €0.08, 76.74% above its 52-week high of €0.04.
About REDITUS,SGPS
Reditus, Sociedade Gestora de Participações Sociais, S.A., through its subsidiaries, provides business process outsourcing, IT outsourcing, and IT consulting services in Portugal and internationally. The company offers client services, including client, financial, human resource, doc, and facilities management, as well as other business process services; and IT infrastructure services and solutions in the areas of advisory, design, installation, and maintenance of systems and solutions, storage, network, and security. It also provides specialized outsourcing services in the areas of application development and maintenance, DBs and system administration, business intelligence and applications, telecom engineering and networks, and support and helpdesk; and information security services and solutions, as well as security managed services. In addition, the company offers enterprise content management services, solutions, and products for deployment of projects in scanning, document management, and workflow in multi-channel topologies; lean management services and solutions in practical application of diagnostic methodologies; and management and IT consulting services and solutions. Further, it is involved in the development, management, and maintenance of software applications and analytical solutions; and provision of cooperation and development services and solutions in the areas of corporate procurement, project management, and economic and social development, as well as training and personal development services. The company serves public, health, telecom, media, utilities, financial services, consumer, retail, and transportation sectors. The company was founded in 1966 and is headquartered in Lisbon, Portugal.
Earnings Per Share
As for profitability, REDITUS,SGPS has a trailing twelve months EPS of €0.18.
PE Ratio
REDITUS,SGPS has a trailing twelve months price to earnings ratio of 0.48. Meaning, the purchaser of the share is investing €0.48 for every euro of annual earnings.
Moving Average
REDITUS,SGPS’s worth is way above its 50-day moving average of €0.04 and way higher than its 200-day moving average of €0.03.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, REDITUS,SGPS’s stock is considered to be overbought (>=80).
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