(VIANEWS) – Shares of TEKNA HOLDING (Oslo Børs Benchmark Index_GI: TEKNA.OL) jumped by a staggering 27.93% in 21 sessions from kr5.8 to kr7.42 at 14:43 EST on Wednesday, after three consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI is falling 0.47% to kr1,210.96, following the last session’s downward trend.
TEKNA HOLDING’s last close was kr7.42, 62.9% under its 52-week high of kr20.00.
About TEKNA HOLDING
Tekna Holding ASA develops, manufactures, and sells micro and nano powders, and plasma process solutions in North America, Europe, Asia, and internationally. The company offers spherical powders, such as titanium, nickel, and aluminum alloys, as well as tungsten and tantalum; and nanopowders, including nickel nanopowder, silicon nanopowder, copper nanopowder, and boron nitride nanotubes for use in additive manufacturing, metal injection molding, thermal spray, and hot isostatic pressing. It serves aviation, aerospace, medical, mining and drilling, energy storage, and microelectronics industries. The company was founded in 1990 and is headquartered in Sherbrooke, Canada. Tekna Holding ASA is a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, TEKNA HOLDING has a trailing twelve months EPS of kr-1.25.
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 -34.77%.
Moving Average
TEKNA HOLDING’s value is way above its 50-day moving average of kr6.23 and way below its 200-day moving average of kr9.72.
Volatility
TEKNA HOLDING’s last week, last month’s, and last quarter’s current intraday variation average was 1.48%, 1.42%, and 2.98%.
TEKNA HOLDING’s highest amplitude of average volatility was 2.21% (last week), 2.93% (last month), and 2.98% (last quarter).
Sales Growth
TEKNA HOLDING’s sales growth is 11.5% for the current quarter and 62% for the next.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TEKNA HOLDING’s stock is considered to be oversold (<=20).
More news about TEKNA HOLDING (TEKNA.OL).
