(VIANEWS) – At 14:46 EST on Tuesday, NORDIC SEMICONDUC stock price experienced a sharp 20.38% decline to close at kr82.80 at 14:46, marking its sixth straight session of losses. Meanwhile, Oslo Bors Benchmark Index_GI is up 0.28% at 1,267.57 which indicates an up trading session today; last closing price for NORDIC SEMICONDUC was kr104.00 which is 40.23% below its 52-week high of kr174.00.
About NORDIC SEMICONDUC
Nordic Semiconductor ASA is a leading fabless semiconductor company, specializing in designing, selling, and delivering integrated circuits (ICs) as well as related products and services for short and long range wireless applications. With strong markets across Europe, North America, and Asia/Pacific regions, this company offers a diverse range of systems-on-chip (SoCs) and systems-in-package (SiPs) designed to enable connectivity for short range Bluetooth networks and long range LTE-M/NB-IoT cellular networks. Nordic Semiconductor’s product portfolio encompasses SoCs, SiPs and development kits as well as third-party cellular modules, non-cellular radio standards, Wi-Fi companion ICs and multiprotocol SoCs supporting various wireless protocols. Furthermore, Nordic offers built-in power management solutions, pre-certified development modules/modems and ASICs along with consulting services to complete its offerings.
Nordic Semiconductor products can be found across a range of applications, from automotive and beacons to computer peripherals, connected health monitoring, connected home devices and education to industrial automation, LED lighting, logistics/transport/payment processing/sports and fitness/gaming toys/gaming virtual reality/augmented reality products and wearables. Nordic Semiconductor was established in 1983 in Trondheim Norway as a reliable provider of wireless connectivity solutions.
Yearly Analysis
As per available data, Nordic SEMICONDUC’s stock is trading below its 52-week low, which could indicate it is undervalued. Unfortunately, sales growth projections for 2018 remain negative, which could pose some worries among investors.
In terms of earnings, Nordic SEMICONDUC’s EBITDA is positive, which indicates the company is producing profits. Unfortunately, no information regarding its growth rate or financial performance analysis are provided – information which would prove extremely helpful when evaluating NORDIC SEMICONDUC.
Investors should use caution when investing in NORDIC SEMICONDUC due to its poor sales growth outlook and current trading below its 52-week low price point. Before making any definitive investment decisions, further research and analysis should be completed first.
Technical Analysis
NORDIC SEMICONDUC’s stock price has experienced a substantial drop, falling significantly below both its 50-day and 200-day moving averages. Furthermore, its last reported volume of 2998435 represents 406.89% more trading activity than its usual level of 591529 indicating increased trading activity.
Volatility on the stock has fluctuated in recent days, with an intraday variation average for last week being negative 1.42%; for last month negative 0.38% and last quarter positive 2.22%. It reached its highest amplitude last week at negative 1.42% and for each subsequent quarter increased accordingly by one percentage point.
According to the stochastic oscillator, Nordic Semiconduc’s stock is considered overbought (>=80), suggesting it might be due for a price correction. As such, investors should take extreme caution before making any definitive investment decisions regarding it.
Quarter Analysis
Sales GrowthSocietatea Nordic SEMICONDUC’s sales growth for both the current quarter (-38.4%) and next quarter (-23.4%) was negative. Growth Estimates QuartersThis indicates a decline in revenue. According to estimates for both this quarter and next quarter, negative growth estimates range between 122% and negative 347.1% respectively. Revenue GrowthAnnual revenue growth for the twelve trailing months has declined by 33.28%.This suggests that revenue is projected to decline significantly in the upcoming quarter.Revenue GrowthHistorically quarterly revenue growth has dropped 33.2% and now stands at 626.05M Investment Outlook Due to negative sales growth and revenue growth as well as its estimated negative growth projections, the investment outlook for NORDIC SEMICONDUC appears dismal; investors may wish to explore alternative investment opportunities with more promising prospects.
Equity Analysis
Based on your given data, we can offer an investment outlook:
Earnings Per Share (EPS): Nordic Semiconduct has reported trailing twelve month earnings per share of kr2.82. This number represents its earnings over the last year.
PE Ratio: Nordic Semiconduct has an estimated trailing twelve months price to earnings ratio of 29.36, which indicates that an investor investing in shares would need to put down KR29.36 per annual earnings to cover his or her purchase cost. A higher PE ratio may signal high expectations about earnings growth over the long-term for that particular firm.
Return on Equity (ROE): Over the last twelve trailing months, our company’s return on equity (a measure of profitability compared to shareholder’s equity), was 8.888%, suggesting it generated an 8.888% profit on shareholder’s equity. A higher ROE could signal efficient use of assets by the company for making profits.
Overall, the investment outlook of NORDIC SEMICONDUCT will depend on various factors including growth prospects, financial health and industry outlook. Investors should conduct further research and analysis before making any final investment decisions.
More news about NORDIC SEMICONDUC (NOD.OL).
