Esprinet S.p.A. (PRT) Plunges -0.98% on Feb 11

February 11, 2018 - By Dolores Ford

Shares of Esprinet S.p.A. (BIT:PRT) last traded at 4.04, representing a move of -0.98%, or -0.04 per share, on volume of 275,690 shares. After opening the trading day at 3.99, shares of Esprinet S.p.A. traded in a close range. Esprinet S.p.A. currently has a total float of 51.76 million shares and on average sees 320,864 shares exchange hands each day. The stock now has a 52-week low of 3.71 and high of 8.24.

Borsa Italiana: A Rising Giant in Europe

The Borsa Italiana, which is also known as the Piazza Affari, is Italy’s main stock exchange. It does not just take pride in being one of the oldest stock exchanges globally; it also takes pride in being one of Europe’s best stock exchanges today. It is an honour to be inside for Esprinet S.p.A. as well. Needless to say, the Borsa Italiana has led the European economy— in one way or another— to become the globally influential economy that it is today.

On the other hand, the FTSE Milano Italia Borsa (MIB) is the country’s benchmark index. Like the Borsa Italiana, it also has a meaningful impact in the entire European trade and commerce environment.

Borsa Italiana

Napoleonic Kingdom of Italy Viceroy Eugène de Beauharnais had established the Borsa Italiana in February 1808 as one of the first stock exchanges in the world. Based at Palazzo Mezzanotte, Milan, its operations had always been supervised by the government as public entity until 1998.

The London Stock Exchange Group had purchased the Borsa Italiana in an all-stock agreement in 2007, merging it with the London Stock Exchange. It helped Esprinet S.p.A. received new audience.

On the Borsa Italiana, the pre-market session lasts for an hour, starting at 8:00 a.m. and ending at 9:00 a.m; the regular session lasts for 8.50 hours, starting at 9:00 a.m. and ending at 5:30 p.m.; and the post-market session lasts for 2.50 hours, starting at 6:00 p.m. and ending at 8:30 p.m. The long trading hours give way to international investors who live in countries with different time zones. Consequently, the Borsa Italiana has so much room for growth. Not all stock exchanges have trading hours this long.

Today, the Borsa Italiana has a total market valuation of about $645 billion with over 300 companies listed on it.


The FTSE MIB is currently operated by the FTSE. Prior to the takeover of the FTSE in June 2009, it had been operated as the S&P/MIB by the S&P.

The FTSE MIB tracks the 40 largest companies listed on the Borsa Italiana based on market capitalization and with respect to free-floating shares. Different companies of major sectors such as Energy, Financials, Mining, and Telecommunications are included in the FTSE MIB, which represents roughly 80% of the total market valuation on the Borsa Italiana. The components are reviewed quarterly to guarantee the best possible indication of the health of the Italian economy, which plays an important role in the success of the entire European economy. Health of Esprinet S.p.A. shares attract attention of investors.

The FTSE MIB had hit an all-time high of 50,108.56 points, which also happens to be its best intraday high, in March 2000. On the other hand, it had hit an all-time low of 12,362.52 points in July 2012 mainly because of high borrowing costs in Europe.

Many investors are considering Borsa Italiana stocks because of Italy’s competent trade and commerce landscape. It is one of the best ways to count on the growth of the European economy regardless of whether investors are trading short-term or long-term.

More important recent Esprinet S.p.A. (BIT:PRT) news were published by: which released: “Ciccio Azzollini: My Two Cents on Value Investing” on July 18, 2011, also published article titled: “Itway Receives Earn-Out Payment Of EUR 5.2 Mln From Sale Of Some Activities To Esprinet”, published: “Esprinet Q3 net profit up at EUR 2.7 mln” on November 14, 2017. More interesting news about Esprinet S.p.A. (BIT:PRT) was released by: and their article: “Esprinet Q2 EBIT 5.1 mln euros, down 37 pct year-on-year” with publication date: September 15, 2017.

Esprinet S.p.A., together with its subsidiaries, engages in the wholesale distribution of information technology and consumer electronics primarily in Italy, Spain, and Portugal. The company has market cap of 209.10 million EUR. The firm distributes business to business information technology products, such as hardware, software, and value-added services; and consumer electronics; traditional IT products, including desktop PCs, notebooks, printers, copiers, servers, standard software, etc.; and consumables comprising cartridges, tapes, toners, and magnetic supports; tablets, mobile devices, and their accessories; networking products consisting of modems, routers, and switches; and digital and entertainment products, such as TVS, photo cameras, video cameras, videogames, and MP3/MP4 readers. It has a 8.8 P/E ratio. It also designs, produces, and distributes mobile devices accessories.

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By1 Dolores Ford

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