(VIANEWS) – The Market ended the session with ARRIBATEC GROUP (ARR.OL) rising 17.88% to kr4.69 on Friday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI jumped 0.52% to kr1,294.33, after two successive sessions in a row of losses, on what was a somewhat positive trend trading session today.
ARRIBATEC GROUP’s last close was kr3.98, 41.54% below 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-1.39.
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%.
Volume
Today’s last reported volume for ARRIBATEC GROUP is 603682 which is 603.95% above its average volume of 85756.
Yearly Top and Bottom Value
ARRIBATEC GROUP’s stock is valued at kr4.69 at 21:30 EST, way under its 52-week high of kr6.81 and way above its 52-week low of kr0.30.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ARRIBATEC GROUP’s stock is considered to be overbought (>=80).
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