Velocity
During 2008, around 97% of the company’s shares were exchanged. An average of 52,317 shares were traded daily on Euronext, which represents EUR 2.7 million, or an increase in value of almost 23% compared to 2007. This higher liquidity decreased to approximately EUR 1.5 million since mid November, following the drop in the share price. Adjusted for an average free float of 79%, EVS had a velocity of 122% during 2008. In 2008, around 65% of the capital of EVS was held by international investors, compared to 20% in 2003.