(VIANEWS) – Shares of HEXAGON COMPOSITES (Oslo Børs Benchmark Index_GI: HEX.OL) rose by a staggering 14.25% to kr25.18 at 14:38 EST on Thursday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is dropping 0.75% to kr1,207.78, following the last session’s downward trend. This seems, up to now, a somewhat down trend exchanging session today.
HEXAGON COMPOSITES’s last close was kr28.80, 29.17% below its 52-week high of kr40.66.
About HEXAGON COMPOSITES
Hexagon Composites ASA, together with its subsidiaries, engages in the production and sale of composite pressure cylinders and fuel systems in Norway, Europe, North America, South-East Asia, the Middle East, and internationally. The company operates through four segments: Hexagon Agility, Hexagon Ragasco, Hexagon Digital Wave, and Hexagon Purus. The Hexagon Agility segment provides clean fuel solutions for commercial vehicles, passenger vehicles, and gaseous energy transportation. The Hexagon Ragasco segment manufacturers composite liquefied petroleum gas (LPG) cylinders for leisure, household, and industrial applications. The Hexagon Digital Wave segment offers cylinder testing and monitoring technology solutions that reduce down-time and inspection costs while improving inspection accuracy. Hexagon Purus segment provides high pressure cylinders, vehicle systems, and battery backs for fuel cell and battery electric vehicles that enable the safe and effective use of hydrogen and electricity as transportation fuel in various applications, including buses, distribution, refueling, rail, maritime, aerospace, and ground storage, as well as light, medium, and heavy-duty vehicles. Hexagon Composites ASA was incorporated in 1995 and is headquartered in Ålesund, Norway.
Earnings Per Share
As for profitability, HEXAGON COMPOSITES has a trailing twelve months EPS of kr-1.81.
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 -12.63%.
Growth Estimates Quarters
The company’s growth estimates for the ongoing quarter and the next is a negative 52.1% and a negative 115%, respectively.
Earnings Before Interest, Taxes, Depreciation, and Amortization
HEXAGON COMPOSITES’s EBITDA is -79.55.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, HEXAGON COMPOSITES’s stock is considered to be oversold (<=20).
Revenue Growth
Year-on-year quarterly revenue growth grew by 24.1%, now sitting on 5.16B for the twelve trailing months.
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