ARRIBATEC GROUP Stock Rise On Thursday, Outperforms Market

(VIANEWS) – The Market ended the session with ARRIBATEC GROUP (ARR.OL) rising 9.09% to kr4.20 on Thursday, after three consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI jumped 0.52% to kr1,310.55, after four successive sessions in a row of gains, on what was a somewhat bullish trend exchanging session today.

ARRIBATEC GROUP’s last close was kr3.85, 43.47% 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. Arribatec Group ASA 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 140221 which is 148.29% above its average volume of 56473.

More news about ARRIBATEC GROUP (ARR.OL).

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