KONGSBERG AUTOMOT Stock Bearish Momentum With A 28% Drop In The Last 21 Sessions

(VIANEWS) – Shares of KONGSBERG AUTOMOT (Oslo Børs Benchmark Index_GI: KOA.OL) fell by a staggering 28.2% in 21 sessions from kr3.06 to kr2.20 at 14:39 EST on Tuesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is rising 0.12% to kr1,160.22, following the last session’s upward trend.

KONGSBERG AUTOMOT’s last close was kr2.19, 32.9% 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 kr-2.122.

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%.

Sales Growth

KONGSBERG AUTOMOT’s sales growth is negative 0.9% for the current quarter and 8.9% for the next.

Volatility

KONGSBERG AUTOMOT’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.91%, a negative 2.45%, and a positive 1.83%.

KONGSBERG AUTOMOT’s highest amplitude of average volatility was 1.87% (last week), 3.32% (last month), and 1.83% (last quarter).

Yearly Top and Bottom Value

KONGSBERG AUTOMOT’s stock is valued at kr2.20 at 14:39 EST, way under its 52-week high of kr3.26 and above its 52-week low of kr2.12.

Moving Average

KONGSBERG AUTOMOT’s worth is way below its 50-day moving average of kr2.80 and way under its 200-day moving average of kr2.60.

More news about KONGSBERG AUTOMOT (KOA.OL).

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