ASETEK Stock Bearish Momentum With A 10% Drop So Far On Wednesday

(VIANEWS) – Shares of ASETEK (Oslo Børs Benchmark Index_GI: ASTK.OL) dropped by a staggering 10.63% to kr3.70 at 14:26 EST on Wednesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is rising 0.35% to kr1,208.89, following the last session’s downward trend. This seems, so far, a somewhat bullish trend trading 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 kr-0.98.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ASETEK’s stock is considered to be overbought (>=80).

Volume

Today’s last reported volume for ASETEK is 856127 which is 622.86% above its average volume of 118436.

Volatility

ASETEK’s last week, last month’s, and last quarter’s current intraday variation average was a negative 7.20%, a positive 5.28%, and a positive 8.06%.

ASETEK’s highest amplitude of average volatility was 14.90% (last week), 16.37% (last month), and 8.06% (last quarter).

More news about ASETEK (ASTK.OL).

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