KONGSBERG AUTOMOT Stock Over 15% Up In The Last 5 Sessions

(VIANEWS) – Shares of KONGSBERG AUTOMOT (Oslo Børs All-share Index_GI: KOA.OL) rose by a staggering 15.38% in 5 sessions from $2.55 to $2.94 at 11:34 EST on Tuesday, after four sequential sessions in a row of gains. Oslo Børs All-share Index_GI is rising 0.84% to $1,377.27, after consecutive sessions in a row of losses.

KONGSBERG AUTOMOT’s last close was $2.84, 3.33% under its 52-week high of $2.94.

About KONGSBERG AUTOMOT

Kongsberg Automotive ASA develops, manufactures, and sells products to the automotive industry worldwide. The company operates through Powertrain & Chassis and Specialty Products segments. The Powertrain & Chassis segment designs, manufactures, and tests custom powertrain and chassis solutions, including gear shifters for automatic and manual transmissions, shift cables and towers, and vehicle dynamics products for cabins and axles, as well as gear and clutch control systems comprise of actuators. The Specialty Products segment offers fluid handling systems; couplings systems for compressed-air circuits in heavy-duty vehicles; and operator control systems for power sports construction, agriculture, outdoor power equipment, and power electronics products. It serves OEMs and Tier 1 suppliers in the automotive, commercial vehicle, and off-highway markets. The company was formerly known as Kongsberg Automotive Holding ASA and changed its name to Kongsberg Automotive ASA in August 2014. Kongsberg Automotive ASA was founded in 1957 and is based in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG AUTOMOT has a trailing twelve months EPS of $-2.122.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.38%.

Sales Growth

KONGSBERG AUTOMOT’s sales growth for the next quarter is negative 20.7%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

KONGSBERG AUTOMOT’s stock is considered to be oversold (<=20).

Volatility

KONGSBERG AUTOMOT’s last week, last month’s, and last quarter’s current intraday variation average was 3.09%, 0.40%, and 1.09%.

KONGSBERG AUTOMOT’s highest amplitude of average volatility was 3.09% (last week), 1.09% (last month), and 1.09% (last quarter).

More news about KONGSBERG AUTOMOT (KOA.OL).

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