(VIANEWS) – Shares of KONGSBERG AUTOMOT (Oslo Børs Benchmark Index_GI: KOA.OL) slid by a staggering 29.43% in 21 sessions from kr3.15 to kr2.22 at 16:38 EST on Wednesday, after five consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI is rising 0.02% to kr1,176.79, after two consecutive sessions in a row of gains.
KONGSBERG AUTOMOT’s last close was kr2.25, 31.07% 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 kr0.23.
PE Ratio
KONGSBERG AUTOMOT has a trailing twelve months price to earnings ratio of 9.64. Meaning, the purchaser of the share is investing kr9.64 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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, KONGSBERG AUTOMOT’s stock is considered to be overbought (>=80).
Sales Growth
KONGSBERG AUTOMOT’s sales growth is negative 0.9% for the ongoing quarter and 10.3% for the next.
Volume
Today’s last reported volume for KONGSBERG AUTOMOT is 3401314 which is 58.35% below its average volume of 4321860.
Yearly Top and Bottom Value
KONGSBERG AUTOMOT’s stock is valued at kr2.22 at 16:38 EST, way below its 52-week high of kr3.26 and higher than its 52-week low of kr2.12.
More news about KONGSBERG AUTOMOT (KOA.OL).
