(VIANEWS) – Shares of VOLUE (Oslo Børs Benchmark Index_GI: VOLUE.OL) rose 9.19% to kr20.20 at 11:37 EST on Friday, after five successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is rising 0.27% to kr1,192.99, after three successive sessions in a row of losses. This seems, as yet, a somewhat bullish trend exchanging session today.
VOLUE’s last close was kr18.50, 61.86% below its 52-week high of kr48.50.
About VOLUE
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.12.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 168.33. Meaning, the purchaser of the share is investing kr168.33 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.4%.
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