KONGSBERG AUTOMOT Stock Impressive Rise On Thursday, Outperforms Market

(VIANEWS) – The Market ended the session with KONGSBERG AUTOMOT (KOA.OL) jumping 14.15% to kr1.86 on Thursday, after two consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI rose 0.97% to kr1,394.80, following the last session’s upward trend on what was a somewhat positive trend trading session today.

KONGSBERG AUTOMOT’s last close was kr1.63, 32.81% under its 52-week high of kr2.42.

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-engineered cable controls and shift systems, clutch actuation systems, vehicle dynamics, shift cables, and shift towers for transmissions. 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, passenger car, 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-0.2.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.4%.

Volatility

KONGSBERG AUTOMOT’s last week, last month’s, and last quarter’s current intraday variation average was 3.58%, 0.62%, and 1.75%.

KONGSBERG AUTOMOT’s highest amplitude of average volatility was 4.14% (last week), 2.21% (last month), and 1.75% (last quarter).

Sales Growth

KONGSBERG AUTOMOT’s sales growth is 0.3% for the present quarter and negative 1% for the next.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, KONGSBERG AUTOMOT’s stock is considered to be oversold (<=20).

Moving Average

KONGSBERG AUTOMOT’s worth is way above its 50-day moving average of kr1.52 and way higher than its 200-day moving average of kr1.68.

More news about KONGSBERG AUTOMOT (KOA.OL).

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