(Telestock) – Collapses at Piazza Affari the title Cy4Gatea company listed on Euronext STAR Milan and active in the cyber intelligence and security market, which was suspended for a long time in the first part of the session due to excessive declines. The selling was triggered by the half-yearly released last night after the market closed.
The Roman company closed the first half of 2024 with a Production value equal to 31.1 million euros, down 8.6% compared to 30 June 2023, mainly due to the lack of revenues related to foreign orders in the Forensic Intelligence sector which had instead had a positive impact last year. loss was equal to 9.2 million euros (vs. a loss of 3 million), while the net financial position it is cash negative for 19.1 million euros (vs 7.9 million).
Cy4Gate it turns out the worst stock in the entire FTSE Italia All-Share index today, showing a 12.75% drop and reaching 5.2 euros. Expected for the rest of the session an extension of the bearish phase with support area seen at 4.947 and then 4.693. Resistance at 5.567.