NORDIC SEMICONDUC Stock Bearish By 28% In The Last 21 Sessions

(VIANEWS) – Shares of NORDIC SEMICONDUC (Oslo Børs Benchmark Index_GI: NOD.OL) slid by a staggering 28.06% in 21 sessions from kr150.96 to kr108.60 at 14:38 EST on Wednesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is dropping 0.47% to kr1,210.96, following the last session’s downward trend.

NORDIC SEMICONDUC’s last close was kr108.60, 43.08% below its 52-week high of kr190.80.

About NORDIC SEMICONDUC

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia/Pacific. The company offers bluetooth and multiprotocol Systems-on-Chip (SoCs) that provides short-range connectivity; and Systems-in-Package (SiPs), which offers connectivity on long-range LTE-M and NB-IoT cellular networks. It also provides nRF9160 SiP low power cellular IoT device, nRF Cloud solution, nRF Connect software development kit, and third-party cellular modules; DECT NR+, a non-cellular radio standard; nRF7002 Wi-Fi companion ICs; and nRF52840 and nRF5340 multiprotocol SoCs. In addition, the company offers Bluetooth mesh; Bluetooth direction finding solution; Bluetooth Low Energy SoCs; Bluetooth LE audio products; Matter, a Connected Home over IP solution; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; pre-certified development modules and modems; and range extenders. Further, it provides built-in power management on SoCs and dedicated power management ICs comprising nPM1100 PMIC, nPM1300 PMIC, nPM6001 PMIC, nPM1100 EK, and Power Profiler Kit II; Device-to-nRF Cloud and Cloud-to-nRF Cloud solutions; and application specific integrated circuits and related consulting services. The company's products are used in various applications, such as automotive, beacon, computer peripherals, connected health, connected home, education, industrial automation, LED lighting, logistics and transport, retail and payment, sports and fitness, toys and gaming, virtual reality and augmented reality products, and wearables. Nordic Semiconductor ASA was founded in 1983 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORDIC SEMICONDUC has a trailing twelve months EPS of kr6.67.

PE Ratio

NORDIC SEMICONDUC has a trailing twelve months price to earnings ratio of 16.28. Meaning, the purchaser of the share is investing kr16.28 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 16.89%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter is a negative 61% and positive 20.3% for the next.

Volatility

NORDIC SEMICONDUC’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.45%, a negative 1.76%, and a positive 2.61%.

NORDIC SEMICONDUC’s highest amplitude of average volatility was 0.86% (last week), 3.19% (last month), and 2.61% (last quarter).

More news about NORDIC SEMICONDUC (NOD.OL).

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