(VIANEWS) – Shares of TECHSTEP (Oslo Børs Benchmark Index_GI: TECH.OL) jumped by a staggering 23.66% in 10 sessions from kr1.31 to kr1.62 at 14:39 EST on Friday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is rising 0.65% to kr1,197.41, after three successive sessions in a row of losses.
TECHSTEP’s last close was kr1.60, 49.84% below its 52-week high of kr3.19.
About TECHSTEP
Techstep ASA operates as a mobile technology enabler in Norway, Sweden, Denmark, and Poland. It offers mobile hardware, service, support, and mobility consultancy services; software as a service, as well as mobile expense management modules; and financing and remarketing services. The company also provides industry-leading cloud-based PBX solutions and enterprise mobility management services, including mobile security, system design, implementation, and mobile device management. In addition, it develops and provides enterprise mobility software and solutions for the customers in the transportation, logistics, and public safety sectors, as well as offers mobile device lifecycle management solutions. The company was founded in 2016 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, TECHSTEP has a trailing twelve months EPS of kr-0.44.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -12.18%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TECHSTEP’s stock is considered to be overbought (>=80).
Moving Average
TECHSTEP’s value is way above its 50-day moving average of kr1.18 and above its 200-day moving average of kr1.55.
Volume
Today’s last reported volume for TECHSTEP is 142018 which is 53.96% below its average volume of 308191.
More news about TECHSTEP (TECH.OL).
