(VIANEWS) – Shares of KONGSBERG AUTOMOT (Oslo Børs Benchmark Index_GI: KOA.OL) dropped by a staggering 11.97% to kr2.28 at 11:37 EST on Tuesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is falling 1.32% to kr1,197.03, after two sequential sessions in a row of gains. This seems, up to now, an all-around negative trend trading session today.
KONGSBERG AUTOMOT’s last close was kr2.59, 20.65% below its 52-week high of kr3.26.
About KONGSBERG AUTOMOT
Kongsberg Automotive ASA develops, manufactures, and sells products to the automotive industry worldwide. The company operates through Powertrain & Chassis and Specialty Products segments. The Powertrain & Chassis segment designs, manufactures, and tests custom powertrain and chassis solutions, including gear shifters for automatic and manual transmissions, shift cables and towers, and vehicle dynamics products for cabins and axles, as well as gear and clutch control systems comprise of actuators. The Specialty Products segment offers fluid handling systems; couplings systems for compressed-air circuits in heavy-duty vehicles; and operator control systems for power sports construction, agriculture, outdoor power equipment, and power electronics products. It serves OEMs and Tier 1 suppliers in the automotive, commercial vehicle, and off-highway markets. The company was formerly known as Kongsberg Automotive Holding ASA and changed its name to Kongsberg Automotive ASA in August 2014. Kongsberg Automotive ASA was founded in 1957 and is based in Kongsberg, Norway.
Earnings Per Share
As for profitability, KONGSBERG AUTOMOT has a trailing twelve months EPS of kr0.24.
PE Ratio
KONGSBERG AUTOMOT has a trailing twelve months price to earnings ratio of 9.5. Meaning, the purchaser of the share is investing kr9.5 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 7.62%.
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