(VIANEWS) – KOMPLETT shares surge 9.5% on Oslo Bors.
KOMPLETT (GI: KOMPL.OL) shares rose by 9.5% to kr9.91 at 15:47 EST Wednesday after five consecutive sessions of gains on Oslo Bors Benchmark Index_GI, marking a turnaround from their prior downward trend.
Oslo Bors Benchmark Index_GI was down 0.27% at kr1,269.31 during yesterday’s trading session, following an overall negative trend. KOMPLETT rose significantly, which contrasts to the Oslo Bors Benchmark Index_GI’s downward movement – it rose 0.65% versus its market counterpart falling 0.269%.
KOMPLETT closed at kr9.05 on March 15, 62.29% under its 52-week high of kr24.00.
KOMPLETT stock has seen an annual gain of 10.61% over the past year.
About KOMPLETT
Komplett ASA is a premier retailer of electronics and IT products in Norway, Sweden, and Denmark operating through three distinct business segments: B2C, B2B and Distribution. Their products span computer components, gaming PCs, household electronics and cloud-based IT services with webshops under their Komplett and Webhallen brands as well as reseller distribution under Itegra brand name. Established in 1991 in Sandefjord Norway by former Norkom ASA management; Komplett was officially changed into its current form in December 2002 after changing names formally to Komplett.
Yearly Analysis
Based on available data, KOMPLETT stock is currently trading at kr9.91; well below its 52-week high of kr24.00 but well above its 52-week low of kr8.75. This indicates that it may have been oversold and represents an opportunity for investors to purchase cheaply and profit in future sales.
KOMPLETT anticipates sales growth of 8.6% for this year, which exceeds the market average by nearly one percentage point. This indicates that they may be outshone their competitors and could potentially see higher earnings in future. Their anticipated sales growth for next year, though lower, still represents growth above market average.
KOMPLETT’s EBITDA of 0.19 indicates earnings may not be as strong as they could be and investors should take this into account when making investment decisions.
Overall, investors may wish to monitor KOMPLETT’s sales growth and consider investing in it if they believe that its performance outshines that of competitors. They should keep in mind the relatively low EBITDA figure as well as possible risks involved with investing in companies with lower earnings.
Technical Analysis
KOMPLETT’s current stock price is significantly below both its 50-day and 200-day moving averages, suggesting a downward trend in its share price. This could be cause for concern among investors looking for stocks with promising performance.
Noteworthy is the stock’s volume today being significantly higher than its average, which may signal to investors an upswing in bullish sentiment regarding this stock.
Volatility for this stock has been relatively low over the past month and quarter, with an average daily intraday variation between negative 4.24%, 1.59%, and positive 1.72% over that timeframe – making it attractive to investors seeking stocks with minimal price fluctuations.
Overall, KOMPLETT’s current stock price may be below its moving averages; however, its high volume and relatively low volatility could be seen as positive indicators to investors searching for an investment with potential for growth.
Quarter Analysis
Based on this data, investors should anticipate KOMPLETT to experience moderate sales growth this quarter at 0.4%; however, growth should slow significantly during the following quarter and drop 42.2% compared to estimates given. It should also be noted that these estimates may not accurately represent its long-term performance.
KOMPLETT saw a modest revenue growth rate of 1.8% year-over-year over its most recent 12 month period with 15.37B currently reported as revenue. While this may seem low compared to some industries’ performances, this may actually indicate strong stability within KOMPLETT.
Investors should approach KOMPLETT with caution and thoroughly assess its growth potential and risks before making any investment decisions.
Equity Analysis
Based on available data, KOMPLETT currently boasts a negative return on equity of -1.63% for its trailing twelve month performance period. This indicates that profits do not match up with shareholder equity levels and may cause investors to be concerned. Furthermore, its trailing twelve month EPS stands at kr-1.68 which indicates it may not currently be profitable and investors should carefully consider this fact when making investment decisions.
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