ALFEN Stock Bullish Momentum With A 23.3% Jump Today

(VIANEWS) – The Market ended the session with ALFEN (ALFEN.AS) jumping 23.3% to €43.71 on Monday, following the last session’s downward trend. AEX-Index jumped 0.95% to €753.41, following the last session’s downward trend on what was a somewhat positive trend exchanging session today.

ALFEN’s last close was €35.45, 63.13% under its 52-week high of €96.14.

About ALFEN

Alfen N.V., through its subsidiaries, designs, engineers, develops, produces, and sells products, systems, and services related to the electricity grid. The company offers smart grid solutions, including secondary transformer substations for grid operators, devices for grid automation, and proprietary back-end systems for remote management and control of electricity grids, as well as micro-grids; and supplementary offerings to grid connect amongst others PV farms, EV fast-charging hubs, and industrial companies. It also provides energy storage systems comprising stationary and mobile battery energy storage solutions for load balancing, peak shaving, grid frequency control, and energy trading solutions, as well as embedded software and back-office solutions that enables remote monitoring, control, and support for storage applications. In addition, the company offers smart and connected electric vehicle chargers for use at the home, retail, workplace, and public locations, as well as an online management platform for charging infrastructure and standardized solutions for smart charging, load balancing, charging hubs, and plug and charge functionalities. It operates primarily in the Netherlands, Belgium, Finland, France, Germany, Italy, Norway, Poland, Spain, Sweden, Switzerland, Austria, the United Kingdom, and the rest of Europe. The company was founded in 1937 and is headquartered in Almere, the Netherlands.

Earnings Per Share

As for profitability, ALFEN has a trailing twelve months EPS of €1.73.

PE Ratio

ALFEN has a trailing twelve months price to earnings ratio of 25.27. Meaning, the purchaser of the share is investing €25.27 for every euro of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 27.01%.

Yearly Top and Bottom Value

ALFEN’s stock is valued at €43.71 at 21:30 EST, way below its 52-week high of €96.14 and way above its 52-week low of €27.31.

More news about ALFEN (ALFEN.AS).

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