KONGSBERG GRUPPEN Stock Bullish Momentum With A 10.5% Rise Before The Weekend

(VIANEWS) – The Market ended the session with KONGSBERG GRUPPEN (KOG.OL) rising 10.5% to kr600.00 on Friday while Oslo Børs Benchmark Index_GI jumped 0.32% to kr1,240.49.

KONGSBERG GRUPPEN’s last close was kr543.00, 0.09% under its 52-week high of kr543.50.

About KONGSBERG GRUPPEN

Kongsberg Gruppen ASA, together with its subsidiaries, provides high-tech systems and solutions primarily to customers in the maritime and defense markets. The company operates through three segments: Kongsberg Maritime, Kongsberg Defence & Aerospace, and Other. The Kongsberg Maritime segment offers solutions and systems for bridge and control systems, which include dynamic positioning, propulsion control, and navigation, as well as automation systems; energy solutions and ship design services; and propellers, thrusters, water jet systems, and systems for offshore manoeuvring of maritime vessels. This segment also provides winches for mooring, anchor handling, and special systems for offshore vessels, tugs, marine vessels, and various other classes of vessel, as well as cranes; hydroacoustics; autonomous underwater vessels and solutions for autonomous maritime vessels; and products related to fisheries, systems for underwater mapping, and sensors and solutions for specialist vessels. The Kongsberg Defence & Aerospace segment offers various systems and services to the defense industry. It provides air defense and combat systems, sonars, and navigation for marine vessels and submarines, as well as integrated command and control systems; remote tower solutions for airports; remote control weapon stations for land-based vehicles and marine vessels; products for military tactical communication; naval strike and air-to-surface missiles; and lightweight composite and titanium components for F-35 combat aircraft. This segment also offers components and services to the space industry, as well as port monitoring systems; and maintenance, repair, and overhaul services. The Other segment focuses on digitalization within the oil and gas, wind, and merchant marine markets. It operates primarily in Norway, Europe, North America, South America, Asia, Australia, and Africa. Kongsberg Gruppen ASA was founded in 1814 and is headquartered in Kongsberg, Norway.

Earnings Per Share

As for profitability, KONGSBERG GRUPPEN has a trailing twelve months EPS of kr20.09.

PE Ratio

KONGSBERG GRUPPEN has a trailing twelve months price to earnings ratio of 29.87. Meaning, the purchaser of the share is investing kr29.87 for every norwegian krone 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 25.67%.

Volatility

KONGSBERG GRUPPEN’s last week, last month’s, and last quarter’s current intraday variation average was 0.09%, 0.42%, and 0.92%.

KONGSBERG GRUPPEN’s highest amplitude of average volatility was 0.51% (last week), 0.78% (last month), and 0.92% (last quarter).

Moving Average

KONGSBERG GRUPPEN’s worth is way above its 50-day moving average of kr485.41 and way above its 200-day moving average of kr467.23.

More news about KONGSBERG GRUPPEN (KOG.OL).

Leave a Reply

Your email address will not be published. Required fields are marked *