(VIANEWS) - The Market ended the session with IDEX BIOMETRICS (IDEX.OL) jumping 9.95% to kr1.06 on Thursday, after two successive sessions in a row of gains. Oslo Børs Benchmark Index_GI jumped 0.63% to kr1,250.40, after three sequential sessions in a row of gains, on what was a somewhat bullish trend trading session today.
IDEX BIOMETRICS's last close was kr0.96, 56.19% under its 52-week high of kr2.19.
About IDEX BIOMETRICS
IDEX Biometrics ASA engages in the design, development, and sale of fingerprint authentication solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific regions. The company's fingerprint authentication solutions are used primarily in contactless financial payment, access control, and smart cards, as well as card-based devices for the storage of digital currencies. It primarily serves manufacturers of smart cards for financial payment applications and biometric payment card markets. IDEX Biometrics ASA was incorporated in 1996 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, IDEX BIOMETRICS has a trailing twelve months EPS of kr-0.48.
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 -107.86%.Moving Average
IDEX BIOMETRICS's value is way higher than its 50-day moving average of kr0.88 and above its 200-day moving average of kr0.99.Revenue Growth
Year-on-year quarterly revenue growth grew by 35.6%, now sitting on 4.09M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, IDEX BIOMETRICS's stock is considered to be oversold (<=20).
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