(VIANEWS) – The Market ended the session with KITRON (KIT.OL) rising 16.07% to kr38.88 on Thursday, after two consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI rose 0.66% to kr1,415.32, following the last session’s upward trend on what was a somewhat bullish trend trading session today.
KITRON’s last close was kr33.50, 24.12% under its 52-week high of kr44.15.
About KITRON
Kitron ASA operates as an electronics manufacturing services company in Norway, Sweden, Denmark, Lithuania, Germany, Poland, the Czech Republic, India, China, Malaysia, and the United States. It manufactures and sells electronics that are embedded in the customer's own 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 comprise sourcing and procurement services; manufacturing, assembling, and testing of electronic products for the professional market; redesign, repair, and maintenance, as well as logistics and distribution, and product deployment services. The company markets its services to connectivity, electrification, industry, medical devices, and defence/aerospace sectors. Kitron ASA was incorporated in 1996 and is headquartered in Billingstad, Norway.
Earnings Per Share
As for profitability, KITRON has a trailing twelve months EPS of kr2.99.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 13. Meaning, the purchaser of the share is investing kr13 for every norwegian krone of annual earnings.
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 25.74%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, KITRON’s stock is considered to be overbought (>=80).
Volatility
KITRON’s last week, last month’s, and last quarter’s current intraday variation average was 1.19%, 0.18%, and 1.33%.
KITRON’s highest amplitude of average volatility was 2.26% (last week), 1.25% (last month), and 1.33% (last quarter).
Yearly Top and Bottom Value
KITRON’s stock is valued at kr38.88 at 22:32 EST, way under its 52-week high of kr44.15 and way above its 52-week low of kr27.32.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.8%, now sitting on 758.5M for the twelve trailing months.
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