(VIANEWS) – Shares of ARRIBATEC GROUP (Oslo Børs Benchmark Index_GI: ARR.OL) fell by a staggering 12.15% to kr3.10 at 11:25 EST on Tuesday, after two successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is falling 1.32% to kr1,197.03, after two consecutive sessions in a row of gains. This seems, as yet, an all-around negative trend exchanging session today.
About ARRIBATEC GROUP
Arribatec Group ASA, a software and consulting company, provides digital business solutions in Norway, Europe, the Americas, and internationally. The company offers solutions for businesses, including ERP systems, integrations, consulting, health checks, develops, HR and payroll, financial and project planning, bank solutions, and travel and expenses. Its solutions include QualiWare, a management system that structures and visualizes processes, activities, regulations, and requirements; Unit4 solutions; RamBase, an ERP business solution that gives control over the value chain; Power BI solutions; Hypergene, a business management tool; Adra Suite that integrates with other financial systems; Microsoft 365; CatalystOne; and Pagero that ensures compliance with legal and electronic billing requirements. The company was incorporated in 1998 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ARRIBATEC GROUP has a trailing twelve months EPS of kr-1.32.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ARRIBATEC GROUP’s stock is considered to be oversold (<=20).
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