NORDIC SEMICONDUC Stock Was 34.66% Up On Wednesday

(VIANEWS) – The Market ended the session with NORDIC SEMICONDUC (NOD.OL) rising 34.66% to kr119.50 on Wednesday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI rose 1.01% to kr1,353.28, after four sequential sessions in a row of losses, on what was an all-around positive trend trading session today.

NORDIC SEMICONDUC’s last close was kr88.74, 41.13% below its 52-week high of kr150.75.

About NORDIC SEMICONDUC

Nordic Semiconductor ASA, a fabless semiconductor company, designs, sells, and delivers integrated circuits (ICs) and related products and services for use in short- and long- range wireless applications in Europe, the Americas, and the Asia Pacific. The company offers cellular IoT solutions comprising NB-IoT and LTE-M; Wi-Fi solution; Bluetooth Low Energy Systems-on-Chip (SoCs); Bluetooth LE audio products; Bluetooth mesh; Bluetooth direction finding solution; DECT NR+, a non-cellular radio standard; Thread, an IP-based wireless networking protocol solution; Zigbee products; ANT solutions, including wireless multiprotocol SoCs supporting the ANT wireless protocol; nRF52 and nRF51 wireless SoCs; and range extenders. It also provides Matter, a Connected Home over IP solution; Amazon sidewalk; multiprotocol SoCs; Bluetooth wireless technology; security solution; power management ICs comprising nPM1100 PMIC, nPM1300 PMIC, and nPM6001 PMIC; cloud services, such as location, security, and device management services; nRF Cloud solution; and application specific integrated circuits and related consulting services. The company's products are used in various applications, such as audio, automotive, asset tracking, beacon, computer peripherals, connected health, smart agriculture, smart home and metering, education, building automation, LED lighting, logistics and transport, retail and payment, sports and fitness, toys and gaming, virtual reality and augmented reality products, and wearables. Nordic Semiconductor ASA was founded in 1983 and is headquartered in Trondheim, Norway.

Earnings Per Share

As for profitability, NORDIC SEMICONDUC has a trailing twelve months EPS of kr0.44.

PE Ratio

NORDIC SEMICONDUC has a trailing twelve months price to earnings ratio of 271.59. Meaning, the purchaser of the share is investing kr271.59 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 1.29%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 43.5%, now sitting on 542.87M for the twelve trailing months.

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