ASETEK Stock Bullish Momentum With A 31% Rise So Far Today

(VIANEWS) – Shares of ASETEK (Oslo Børs Benchmark Index_GI: ASTK.OL) rose by a staggering 31.52% to kr11.60 at 11:29 EST on Wednesday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is falling 0.78% to kr1,192.04, after five consecutive sessions in a row of gains. This seems, so far, a somewhat bearish trend exchanging session today.

About ASETEK

Asetek A/S, together with its subsidiaries, engages in the designing, developing, and marketing of liquid cooling solutions in Asia, Europe, and the Americas. The company operates through Liquid cooling, Data center and SimSports segments. Its products are used in personal computers, servers, and data centers to provide improved performance, acoustics, and energy efficiency. It serves original equipment manufacturers, resellers, and channel partners. The company was founded in 1997 and is headquartered in Aalborg, Denmark.

Earnings Per Share

As for profitability, ASETEK has a trailing twelve months EPS of kr4.12.

PE Ratio

ASETEK has a trailing twelve months price to earnings ratio of 2.82. Meaning, the purchaser of the share is investing kr2.82 for every norwegian krone of annual earnings.

More news about ASETEK (ASTK.OL).

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