(VIANEWS) - Shares of STRONGPOINT (Oslo Børs Benchmark Index_GI: STRO.OL) fell by a staggering 15.12% in 5 sessions from kr25.8 to kr21.90 at 05:37 EST on Thursday, following the last session's upward trend. Oslo Børs Benchmark Index_GI is dropping 0.41% to kr1,203.48, after two sequential sessions in a row of losses.
STRONGPOINT's last close was kr21.90, 20.8% under its 52-week high of kr27.65.
About STRONGPOINT
StrongPoint ASA engages in the development, sale, and implementation of integrated technology solutions for stores and e-commerce operations in Norway, Sweden, and internationally. It offers various products and solutions comprising electronic shelf labels, scales and wrapping systems, and grocery robots; order and in-store picking, home delivery, grocery lockers, drive-through, and autostore microfulfilment solutions; cash management systems; and shop fitting services, as well as other retail technology and self-checkout solutions. The company also provides ShopFlow Logistics, a cloud based mobile logistics system for handling routines that include receiving goods, inventory, balance adjustment, ordering labels printing, and waste management; and Vensafe, which automates in-store sales of restricted and theft-prone products. It has a strategic partnership with Halodi Robotics to develop robotic solutions for the grocery retail sector. The company was formerly known as PSI Group ASA and changed its name to StrongPoint ASA in September 2015. StrongPoint ASA was incorporated in 2000 and is headquartered in Rælingen, Norway.
Earnings Per Share
As for profitability, STRONGPOINT has a trailing twelve months EPS of kr0.6.
PE Ratio
STRONGPOINT has a trailing twelve months price to earnings ratio of 36.5. Meaning, the purchaser of the share is investing kr36.5 for every norwegian krone of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 5.79%.Moving Average
STRONGPOINT's value is below its 50-day moving average of kr24.22 and above its 200-day moving average of kr21.04.Revenue Growth
Year-on-year quarterly revenue growth grew by 42.5%, now sitting on 1.37B for the twelve trailing months.
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