(VIANEWS) – Shares of KITRON (Oslo Børs Benchmark Index_GI: KIT.OL) jumped by a staggering 28.25% in 21 sessions from kr35.75 to kr45.85 at 02:37 EST on Monday, after two successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is jumping 1.19% to kr1,225.40, following the last session’s upward trend.
KITRON’s last close was kr45.85, 1.21% higher than its 52-week high of kr45.30.
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 kr2.19.
PE Ratio
KITRON has a trailing twelve months price to earnings ratio of 20.94. Meaning, the purchaser of the share is investing kr20.94 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%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
KITRON’s EBITDA is 14.47.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is 78.8% and 86.8%, respectively.
Moving Average
KITRON’s worth is way above its 50-day moving average of kr36.61 and way above its 200-day moving average of kr26.73.
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.4%, now sitting on 617.39M for the twelve trailing months.
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