ARRIBATEC GROUP Stock Bullish Momentum With A 16.67% Rise On Wednesday

(VIANEWS) – The Market ended the session with ARRIBATEC GROUP (ARR.OL) rising 16.67% to kr5.60 on Wednesday while Oslo Børs Benchmark Index_GI fell 0.18% to kr1,273.47.

ARRIBATEC GROUP’s last close was kr4.80, 29.52% under its 52-week high of kr6.81.

About ARRIBATEC GROUP

Arribatec Group ASA, a software and consulting company, provides digital business solutions in Norway, Europe, the Americas, and internationally. The company offers solutions for businesses, including ERP systems, integrations, consulting, health checks, develops, HR and payroll, financial and project planning, bank solutions, and travel and expenses. Its solutions include QualiWare, a management system that structures and visualizes processes, activities, regulations, and requirements; Unit4 solutions; RamBase, an ERP business solution that gives control over the value chain; Power BI solutions; Hypergene, a business management tool; Adra Suite that integrates with other financial systems; Microsoft 365; CatalystOne; and Pagero that ensures compliance with legal and electronic billing requirements. The company was incorporated in 1998 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, ARRIBATEC GROUP has a trailing twelve months EPS of kr-1.38.

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 -17.94%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 23.2%, now sitting on 557M for the twelve trailing months.

Moving Average

ARRIBATEC GROUP’s worth is below its 50-day moving average of kr5.92 and way above its 200-day moving average of kr3.71.

Volume

Today’s last reported volume for ARRIBATEC GROUP is 839375 which is 1298.82% above its average volume of 60006.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ARRIBATEC GROUP’s EBITDA is 48.44.

More news about ARRIBATEC GROUP (ARR.OL).

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