(VIANEWS) – Shares of TECHNICOLOR CS (CAC 40: TCHCS.PA) slid by a staggering 32.33% in 21 sessions from €0.19 to €0.13 at 14:11 EST on Friday, following the last session’s upward trend. CAC 40 is jumping 0.57% to €7,304.55, after four successive sessions in a row of gains.
TECHNICOLOR CS’s last close was €0.12, 93.87% below its 52-week high of €1.99.
About TECHNICOLOR CS
Technicolor Creative Studios provides visual effects and creative production services to the global entertainment, brand experience, film, television, animation, gaming, and advertising sectors. The company was founded in 2021 and is based in Paris, France. Technicolor Creative Studios is a former subsidiary of Technicolor SA.
Revenue Growth
Year-on-year quarterly revenue growth grew by 12.3%, now sitting on 784M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TECHNICOLOR CS’s stock is considered to be oversold (<=20).
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