(VIANEWS) – The Market ended the session with ASETEK (ASTK.OL) rising 33.54% to kr8.44 on Tuesday while Oslo Børs Benchmark Index_GI slid 0.59% to kr1,201.41.
About ASETEK
Asetek A/S, together with its subsidiaries, engages in the designing, developing, and marketing of liquid cooling solutions in Asia, Europe, and the Americas. The company operates through Liquid cooling, Data center and SimSports segments. Its products are used in personal computers, servers, and data centers to provide improved performance, acoustics, and energy efficiency. It serves original equipment manufacturers, resellers, and channel partners. The company was founded in 1997 and is headquartered in Aalborg, Denmark.
Earnings Per Share
As for profitability, ASETEK has a trailing twelve months EPS of kr4.12.
PE Ratio
ASETEK has a trailing twelve months price to earnings ratio of 2.05. Meaning, the purchaser of the share is investing kr2.05 for every norwegian krone of annual earnings.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ASETEK’s stock is considered to be oversold (<=20).
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