Compagnie des Alpes SA (CDA) Rises 0.48% on Mar 14

March 14, 2018 - By Elijah Rosenthal

Shares of Compagnie des Alpes SA (EPA:CDA) last traded at 31.6, representing a move of 0.48%, or 0.15 per share, on volume of 2,483 shares. After opening the trading day at 31.1, shares of Compagnie des Alpes SA traded in a close range. Compagnie des Alpes SA currently has a total float of 24.35 million shares and on average sees 15,660 shares exchange hands each day. The stock now has a 52-week low of 19.17 and high of 36.1.

CAC 40: Reflecting Europe’s Corporate Strength

Europe is not just all about good education systems, next-generation innovations, and beautiful tourist destinations. The region is also about a compelling economy that has already been through the worst yet continues to remain resilient. It economy helps companies like Compagnie des Alpes SA to survive at the market.

One of the main reasons behind its success is its competitive and growing equity market. The corporate sector is any economy’s hope, which is why Europe highly values good corporate governance. This is basically what lures investors in the European equity market. It also lures them to the companies like Compagnie des Alpes SA, with potential and good liquidity.

What Makes Europe’s Economy a Success

Euronext is the leading stock exchange in Europe. It is situated in five different cities— Amsterdam, Brussels, Lisbon, London, and Paris, each of which have different indices. The leading indices include AEX, AMX, AScX, BEL 20, CAC 40, Euronext 100, Next 150, PSI 20, among others.

France’s Euronext Paris, formerly known as Paris Bourse is the leading stock exchange. The top 40 stocks listed on it are weighed on the CAC 40. The companies are monitored based on market capitalization using a base value of 1,000.

It is important not only to become one of CAC parts, like Compagnie des Alpes SA but to stay there. The components of the CAC 40 are reviewed by the Index Steering Committee quarterly, particularly every third Friday of each month of March, June, September, and December. If necessary, they are capped at 15% every review. Any changes made reflect not earlier than two weeks after the particular review date that they had been decided upon.

The movement of the CAC 40 is in increments of 0.50. The main currency on the CAC 40 is euro. To trade, a typical margin of 2% and a minimum trade size of one index are required. Regular session begins and ends at 6:01 a.m. and 7:59 p.m., respectively.

CAC 40 History

The name of CAC 40 was derived from the former automation system of Euronext Paris, CotationAssistéeenContinu.

The base value of 1,000 was set on December 31, 1987. Before, the components of the CAC 40 are measured based on total market capitalization. However, since December 1, 2003, the CAC 40 had shift to a free-float index. Using this model, stocks are quarterly tracked based on free-float market capitalization and share turnover over the past 12-month period. A total of 40 companies are selected from the top 100 companies on Euronext Paris to compose the CAC 40.

The CAC 40 had posted its all-time high of 6,922.33 on September 4, 2000. During that day, it had a high of 6,944.77. Meanwhile, the all-time low of 893.82 had been recorded in January 1988.

The CAC 40 is an important indicator of investor sentiment not just in France but in all Europe. Along with other Euronext indices, it is closely watched by analysts and investors alike to predict the European economy.

Europe is already a successful region and yet it is still full of growth potentials. One of them is Compagnie des Alpes SA. Many investors are investing in CAC 40 stocks and it is clear why—the CAC 40 makes up a crucial part of the European economy.

More notable recent Compagnie des Alpes SA (EPA:CDA) news were published by: which released: “Compagnie des Alpes hoping for stake sale by year-end” on November 23, 2016, also with their article: “Pruning France’s $106 Billion Portfolio” published on April 11, 2017, published: “French winter sports groups head to China for ski resort deals” on February 16, 2017. More interesting news about Compagnie des Alpes SA (EPA:CDA) were released by: and their article: “HIG Capital Completes Sale of Looping Group to Ergon” published on March 23, 2016 as well as‘s news article titled: “China’s Fortune Fountain Capital to buy French crystal maker Baccarat” with publication date: June 02, 2017.

Compagnie des Alpes SA, together with its subsidiaries, engages in the operation of leisure facilities. The company has market cap of 769.35 million EUR. It operates through Ski Areas, Leisure Destinations, and International Development divisions. It has a 24.69 P/E ratio. The Ski Areas segment operates ski lifts; and equips, maintains, and operates ski areas, as well as maintains ski runs and trails.

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