Belgium-based Agfa's shares on the Euronext Brussels have been hard hit over the past 12 months, falling from a high of €10.65 this time last year to €1.83 at the time of writing, following the company's failure to offload its Healthcare division.
The latest fall in Agfa's share price, which fell around 16% on Tuesday 16 December to its current level, was not precipitated by any announcement from the company, leading analysts to assume that the drop was the result of investors looking to clear their portfolios.
Petercam analyst Stefaan Genoe told Reuters: "This might be a bit of window dressing – investors that are selling badly-performing stocks before the end of the year so that nobody sees them in their portfolios."
Agfa is among a number of print manufacturers to have been hit by uncertainty in the stock markets. Heidelberg's share price has also fallen around 83% in the last 12 months to its current level of €4.01.
KBA has also posted a drop, with its share price falling by more than 60% to €8.75, while Kodak's shares have lost 71% of their value, falling from a 52-week high of $22.03 (£14.27) to $6.33 at present.
Print companies out of fashion on stock exchanges
Agfa's shares continued to fall last week as the company, whose share price has now fallen 83% since the start of the year, dipped to a new 52-week low of 1.77 euro (1.63).
