Gaussin SA (ALGAU) Plunges -2.3% on Jan 29
Posted by Alfred Lee on January 29, 2019 at 9:44 pm
Shares of Gaussin SA (EPA:ALGAU) last traded at 0.2765, representing a move of -2.3%, or -0.0065 per share, on volume of 1.20 million shares. After opening the trading day at 0.2835, shares of Gaussin SA traded in a close range. Gaussin SA currently has a total float of 187.50 million shares and on average sees 1.59M shares exchange hands each day. The stock now has a 52-week low of 0.145 and high of 0.535.
Euronext Paris: Driving France’s Economic Prospects
France is one of Europe’s pride not just in the tourism front but most importantly, in the corporate world. One of the main reasons that Europe is immensely growing as an economy today is France. Its trading relations with Gaussin SA and other companies help both sides to grow further. The nation’s economic potentials cannot be undermined especially when they reflect in its own stable equity market.
Euronext Paris in History
Euronext Paris is part of a broader, pan-European stock exchange that stretches in five of the biggest European cities that include Paris, London, Lisbon, Brussels, and Amsterdam— the Euronext. It works with Gaussin SA as well. Some of the main Euronext indices include the AEX, AScX, CAC 40, Next 150, among others.
The Amsterdam Stock Exchange, the Brussels Stock Exchange, and the Paris Bourse had joined together on September 22, 2000, forming the first pan-European stock exchange. Two years later, the Bolsa de Valores de Lisboa e Porto (BVLP) had joined the Euronext. The foundation of a bigger, consolidated European stock exchange signifies the efforts of the European Union (EU) to maximize its resources and leverage better growth opportunities. Nearly two decades later and the Euronext continues to live up to its founding principle and mission— to drive the European economy towards meaningful success.
The CAC 40 is the free-float market capitalization-weighted index tracking the top 40 stocks on Euronext Paris. It represents a crucial aspect of the French economy as well as that of the European economy. Gaussin SA had to prove its reliability to appear at the market.
Prior to becoming a free-float market capitalization-weighted index on December 1, 2003, the CAC 40 had used to measure stocks based on overall market capitalization. Its name comes from an old automated trading system on the Euronext, CotationAssistéeenContinu.
The Index Steering Committee reviews the components of the CAC 40 every third Friday of March, June, September, and December. During these review dates, the Index Steering Committee limits the weights of each stock at 15%. The top 100 companies in terms of 12-month free-float market capitalization and share turnover are determined every quarter. From these 100 companies, the 40 most significant components are selected to make up the CAC 40.
Euronext Paris by the Numbers
As of the first quarter of 2014, the Euronext already had nearly €3 trillion of market capitalization with more than 1,000 companies.
The CAC 40 had reached an all-time high of nearly 7,000 on September 4, 2000, a few days before the establishment of the Euronext. Meanwhile, it had posted an all-time low of below 900 in January 1988.
The movement on Euronext Paris is in increments of 0.50. Stocks are weighted quarterly using a base value of 1,000, which was determined on December 31, 1987.
The margin requirement is usually 2% while the minimum trade size requirement is one index. As part of the EU, the main trading currency on Euronext Paris is euro.
Euronext Paris is one of the most influential stock exchanges not just in Europe but in the world as well. It boasts with stability and strong, long-term growth prospects. That being said, investing in Euronext Paris is a primary consideration among novice and experienced investors alike. Investors may be interested in Gaussin SA stocks.
More notable recent Gaussin SA (EPA:ALGAU) news were published by: Statesmanjournal.com which released: “Salem would do well to collaborate with students on drone technology – Statesman Journal” on January 17, 2019, also Toledoblade.com with their article: “U.S. EPA accused of procedural ‘sleight-of-hand’ over western Lake Erie algae cleanup strategy – Toledo Blade” published on July 24, 2018, Usnews.com published: “EPA Plans Biofuel ‘Reset’ as Program Misses Congress’ Targets – U.S. News & World Report” on November 20, 2018. More interesting news about Gaussin SA (EPA:ALGAU) were released by: Toledoblade.com and their article: “Lucas County seeks to join Lake Erie algae lawsuit – Toledo Blade” published on August 20, 2018 as well as Statesmanjournal.com‘s news article titled: “Toxins in Salem’s water back above advisory level; focus on toxins grows nationwide – Statesman Journal” with publication date: June 21, 2018.
Gaussin SA, an engineering company, develops and provides services and products in wheeled handling systems for the movement of heavy, difficult, or bulky goods in Europe and internationally. The company has market cap of 51.84 million EUR. It offers audit, credit, rental, training, servicing, and maintenance solutions. It currently has negative earnings. The firm serves transportation, energy, raw materials and manufacturing, and environmental industries.