NEKKAR Stock Was Up By 22.06% On Wednesday

(VIANEWS) – The Market ended the session with NEKKAR (NKR.OL) jumping 22.06% to kr7.58 on Wednesday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI rose 0.39% to kr1,252.12, after three consecutive sessions in a row of gains, on what was a somewhat bullish trend exchanging session today.

NEKKAR’s last close was kr6.21, 28.13% under its 52-week high of kr8.64.

About NEKKAR

Nekkar ASA operates in shipyard, aquaculture, renewables, and digital solutions. The company offers shipyard solutions, including Syncrolift shiplift and transfer systems for launching and retrievals of vessels, as well as fast and reliable way of moving vessels around the yard; and FastDocking products for efficient operations during docking and maintenance of vessels. It also offers service and upgrades, shiplift and transfer systems maintenance, spare replacements, and upgrades of small and larger components. In addition, the company offers starfish, an automated and closed cage solution that has double protection against escapes, avoids problems with salmon lice due to water intake from deep waters below the cage, and can collect up to 90 percent of biological waste; and SkyWalker, a wind turbine installation tool. Further, it develops open software platforms for collection, monitoring, and control of data for numerous industries. The company operates in South Asia, North East Asia, Europe, South East Asia, Africa, North America, South America, West Asia, Australia, and internationally. The company was formerly known as TTS Group ASA and changed its name to Nekkar ASA in July 2019. Nekkar ASA founded in 1966 and is headquartered in Kristiansand, Norway.

Earnings Per Share

As for profitability, NEKKAR has a trailing twelve months EPS of kr0.3.

PE Ratio

NEKKAR has a trailing twelve months price to earnings ratio of 25.27. Meaning, the purchaser of the share is investing kr25.27 for every norwegian krone of annual earnings.

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 9.79%.

Yearly Top and Bottom Value

NEKKAR’s stock is valued at kr7.58 at 22:31 EST, way under its 52-week high of kr8.64 and way higher than its 52-week low of kr5.80.

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