Previous close | 1.9165 |
Open | 1.9425 |
Bid | 0.0000 x 0 |
Ask | 0.0000 x 0 |
Day's range | 1.8750 - 1.9770 |
52-week range | 1.5400 - 14.9700 |
Volume | |
Avg. volume | 3,006,318 |
Market cap | 215.82M |
Beta (5Y monthly) | 1.39 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 14 May 2021 |
1y target est | N/A |
It’s been a sharp fall from grace for the French crown jewel Atos as its valuation is down nearly 98% since 2017.
(Bloomberg) -- Embattled French IT company Atos SE is seeking €600 million ($651 million) in cash and another €600 million in credit lines and loan guarantees to fund the business through 2025, according to a restructuring plan presented to creditors.Most Read from BloombergTrumpism Is Emptying ChurchesIran’s Better, Stealthier Drones Are Remaking Global WarfareBillionaire Geiger, Blackstone Near L’Occitane DealUkraine Says It’s Behind Blaze on Russian Warship in Baltic SeaYellen Junks 200 Years
(Reuters) -Atos shares fell 14% on Tuesday as the French IT consulting firm said its refinancing plan, which includes raising 1.2 billion euros ($1.3 billion) via equity and new loans, would mean significant dilution for existing shareholders. Atos said it needs to raise 600 million euros to carry its business through 2024 and 2025 via debt and equity from investors, who can submit financing proposals by April 26. CEO Paul Saleh told journalists in a call that Atos had agreed with creditors on interim financing of 400 million euros to sustain it until a long-term plan is agreed.