GOODTECH Stock Bullish Momentum With A 15.64% Rise Before The Weekend

(VIANEWS) – The Market ended the session with GOODTECH (GOD.OL) jumping 15.64% to kr12.20 on Friday, after two successive sessions in a row of losses. Oslo Børs Benchmark Index_GI dropped 0.22% to kr1,260.80, following the last session’s upward trend on what was a somewhat bearish trend exchanging session today.

GOODTECH’s last close was kr10.55, 14.57% under its 52-week high of kr12.35.

About GOODTECH

Goodtech ASA provides management systems, digitization, and production optimization solutions for industrial and manufacturing companies in Norway, Sweden, Finland, Europe, and internationally. The company provides a range of in-house developed and partner-driven technologies and customized solutions for automation of production, which include construction, installation, service, and maintenance; development, project management, and engineering services; and technology and customized solutions, such as streamlining production, material handling, warehousing, and logistics solutions, as well as packaging machines. It also offers robotic systems for handling, controlling, and logistics of bulk materials under the Portabulk brand; power and electrical, automation, and system integration solutions to industry and power distributors; constructs and rehabilitates transformer stations. In addition, the company provides products and solutions for drinking water and wastewater treatment, and various industrial water. It serves a range of customers within aquaculture, food, pharmacy and health, renewable energy, district heating, oil and gas, power, water treatment, chemical, cable production, automotive, machinery, metal, and mineral industries. Goodtech ASA was founded in 1913 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, GOODTECH has a trailing twelve months EPS of kr0.04.

PE Ratio

GOODTECH has a trailing twelve months price to earnings ratio of 305. Meaning, the purchaser of the share is investing kr305 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 0.42%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

GOODTECH’s EBITDA is 27.3.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GOODTECH’s stock is considered to be overbought (>=80).

More news about GOODTECH (GOD.OL).

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