POLIGHT Stock Was 10% Up Today

(VIANEWS) – The Market ended the session with POLIGHT (PLT.OL) jumping 10% to kr5.17 on Monday while Oslo Børs Benchmark Index_GI rose 0.64% to kr1,443.61.

POLIGHT’s last close was kr4.70, 81.71% below its 52-week high of kr25.70.

About POLIGHT

poLight ASA develops optical lens for consumer devices and industrial applications in Europe, Asia, and the United States. The company's lens replicates the lens of the human eye enabling the implementation of autofocus functions for various applications. Its product portfolio includes TLens, a tuneable optical lens for autofocus camera applications; Packaged TLens that facilitates integration of a TLens on a fixed-focus camera module; driver ASIC is designed to drive capacitive loads such as the TLens autofocus actuators; and evaluation kits that allows to test and evaluate the optical and electrical performance of the TLens in new products and/or applications. It serves smartphones and wearables, industrial, augmented reality, healthcare, and webcams markets. poLight ASA was founded in 2005 and is headquartered in Skoppum, Norway.

Earnings Per Share

As for profitability, POLIGHT has a trailing twelve months EPS of kr-1.12.

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 negative -35.09%.

Moving Average

POLIGHT’s worth is way higher than its 50-day moving average of kr3.69 and way under its 200-day moving average of kr8.76.

Revenue Growth

Year-on-year quarterly revenue growth declined by 26.8%, now sitting on 14.74M for the twelve trailing months.

Yearly Top and Bottom Value

POLIGHT’s stock is valued at kr5.17 at 22:36 EST, way under its 52-week high of kr25.70 and way higher than its 52-week low of kr2.34.

Volume

Today’s last reported volume for POLIGHT is 1957340 which is 25.03% above its average volume of 1565430.

More news about POLIGHT (PLT.OL).

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