KITRON Stock Bullish By 30% In The Last 21 Sessions

(VIANEWS) – Shares of KITRON (Oslo Børs Benchmark Index_GI: KIT.OL) jumped by a staggering 30.42% in 21 sessions from kr35.5 to kr46.30 at 20:37 EST on Thursday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is jumping 0.29% to kr1,202.00, after five successive sessions in a row of losses.

KITRON’s last close was kr45.60, 3.39% under its 52-week high of kr47.20.

About KITRON

Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. Its services also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; and logistics and distribution services. The company was incorporated in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr2.18.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 21.24. Meaning, the purchaser of the share is investing kr21.24 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 24.07%.

Volatility

KITRON’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.55%, a positive 0.67%, and a positive 1.85%.

KITRON’s highest amplitude of average volatility was 1.20% (last week), 1.43% (last month), and 1.85% (last quarter).

Yearly Top and Bottom Value

KITRON’s stock is valued at kr46.30 at 20:37 EST, under its 52-week high of kr47.20 and way higher than its 52-week low of kr17.26.

Volume

Today’s last reported volume for KITRON is 746137 which is 17.29% below its average volume of 603651.

More news about KITRON (KIT.OL).

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