(VIANEWS) – Shares of KITRON (Oslo Børs Benchmark Index_GI: KIT.OL) jumped by a staggering 13.1% to kr40.15 at 11:37 EST on Friday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is dropping 0.43% to kr1,208.00, after two successive sessions in a row of gains. This seems, so far, a somewhat negative trend trading session today.
KITRON’s last close was kr35.50, 7.43% below its 52-week high of kr38.35.
About KITRON
Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, rest of Europe, the United States, and internationally. It manufactures electronics that are embedded in the customers' products; and box-built electronic products. The company's services include development services, such as product development, product management, and re-engineering services; and industrialization services, including prototype manufacturing, evaluation of new products, component engineering and database, test development, design and build of high level assembly lines, and environmental durability testing. Its services also comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance; and logistics and distribution services. The company was incorporated in 1996 and is headquartered in Billingstad, Norway.
Earnings Per Share
As for profitability, KITRON has a trailing twelve months EPS of kr1.4.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 28.68. Meaning, the purchaser of the share is investing kr28.68 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 21%.
Moving Average
KITRON’s value is way higher than its 50-day moving average of kr33.99 and way higher than its 200-day moving average of kr25.31.
More news about KITRON (KIT.OL).
