(VIANEWS) – Shares of KITRON (Oslo Børs Benchmark Index_GI: KIT.OL) rose by a staggering 28.09% in 10 sessions from kr34.35 to kr44.00 at 14:50 EST on Thursday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is rising 0.31% to kr1,207.72, following the last session’s upward trend.
KITRON’s last close was kr44.25, 1.96% 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 kr2.29.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 19.21. Meaning, the purchaser of the share is investing kr19.21 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%.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on May 2, 2023, the estimated forward annual dividend rate is 0.5 and the estimated forward annual dividend yield is 1.17%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.4%, now sitting on 617.39M for the twelve trailing months.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 66.7% and 57.9%, respectively.
Yearly Top and Bottom Value
KITRON’s stock is valued at kr44.00 at 14:50 EST, higher than its 52-week high of kr43.40.
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