(VIANEWS) – Shares of VOLUE (Oslo Børs Benchmark Index_GI: VOLUE.OL) rose by a staggering 12.5% to kr20.25 at 14:37 EST on Tuesday, after two consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI is jumping 0.63% to kr1,193.81, after three consecutive sessions in a row of losses. This seems, up to now, a somewhat bullish trend trading session today.
VOLUE’s last close was kr18.00, 46.19% under its 52-week high of kr33.45.
About VOLUE
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.22.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 92.05. Meaning, the purchaser of the share is investing kr92.05 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 3.91%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.7%, now sitting on 1.27B for the twelve trailing months.
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