KITRON Stock Went Up By Over 31% In The Last 21 Sessions

(VIANEWS) – Shares of KITRON (Oslo Børs Benchmark Index_GI: KIT.OL) jumped by a staggering 31.26% in 21 sessions from kr26.55 to kr34.85 at 16:39 EST on Wednesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is sliding 0.03% to kr1,240.59, after two successive sessions in a row of gains.

KITRON’s last close was kr34.05, 1.87% below its 52-week high of kr34.70.

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, re-engineering, and value analysis/value engineering; 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; logistics and distribution; and augmented reality manufacturing services. Kitron ASA was founded in 1996 and is headquartered in Billingstad, Norway.

Earnings Per Share

As for profitability, KITRON has a trailing twelve months EPS of kr1.15.

PE Ratio

KITRON has a trailing twelve months price to earnings ratio of 30.3. Meaning, the purchaser of the share is investing kr30.3 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%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Apr 28, 2022, the estimated forward annual dividend rate is 0.25 and the estimated forward annual dividend yield is 0.76%.

Volatility

KITRON’s last week, last month’s, and last quarter’s current intraday variation average was 0.60%, 1.26%, and 1.70%.

KITRON’s highest amplitude of average volatility was 1.82% (last week), 2.02% (last month), and 1.70% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 91.2%, now sitting on 6.49B for the twelve trailing months.

Yearly Top and Bottom Value

KITRON’s stock is valued at kr34.85 at 16:39 EST, higher than its 52-week high of kr34.70.

More news about KITRON (KIT.OL).

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