Profile’s capitalization on the Athens Stock Exchange has risen above the psychological limit of 100 million euros, with the company’s share registering a dynamic three-day rally.
The listed company rose almost 3% to 4.34 euros on Wednesday’s session, following gains of 3.18% on Tuesday and 2.00% on Monday.
This brings the total weekly change to over 8%, climbing to its highest level in 2.5 months (since early December).
The three-day rally is accompanied by high investment interest.
Until midday, a total of 110,606 pieces had been traded, with a total value of 477,000 euros, which corresponds to 263% of the average daily turnover for 2024.
Thanks to the current upward trend, Profile is once again back in positive territory, close to all-time highs of 4.79 euros.
Attractive P/BV
The listed company’s stock is currently trading at a P/E multiple ratio of 27.2x and a P/BV ratio of 3.6x.
The corresponding ratios for European companies in the technology sector range at 27.3x and 5.51x, reflecting the attractiveness of Profile, which since 2020 has expanded to Artificial Intelligence (AI).
In the six-month period of 2023, the Greek Group recorded a 23% increase in turnover to 12.5 million euros. Net profits rose significantly by 43% and reached 1.5 million euros.
In qualitative terms, the debt/equity ratio stood at 22% and the general liquidity ratio at 1.7x, with total cash available at 14.5 million euros.