(VIANEWS) – Shares of KITRON (Oslo Børs Benchmark Index_GI: KIT.OL) rose by a staggering 21.97% in 10 sessions from kr35.95 to kr43.85 at 11:36 EST on Tuesday, after two successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is sliding 1.32% to kr1,197.03, after two sequential sessions in a row of gains.
KITRON’s last close was kr44.10, 1.61% above its 52-week high of kr43.40.
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 kr2.22.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 19.75. Meaning, the purchaser of the share is investing kr19.75 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 24.07%.
Sales Growth
KITRON’s sales growth is 21.9% for the present quarter and 18.5% for the next.
Yearly Top and Bottom Value
KITRON’s stock is valued at kr43.85 at 11:36 EST, above its 52-week high of kr43.40.
Volatility
KITRON’s last week, last month’s, and last quarter’s current intraday variation average was 2.24%, 0.90%, and 2.16%.
KITRON’s highest amplitude of average volatility was 2.79% (last week), 2.63% (last month), and 2.16% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, KITRON’s stock is considered to be oversold (<=20).
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