OTELLO CORPORATION Stock Was 15.79% Up On Tuesday

(VIANEWS) – The Market ended the session with OTELLO CORPORATION (OTEC.OL) rising 15.79% to kr8.80 on Tuesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI jumped 0.17% to kr1,234.07, following the last session’s downward trend on what was a somewhat positive trend exchanging session today.

OTELLO CORPORATION’s last close was kr7.60, 76.25% below its 52-week high of kr32.00.

About OTELLO CORPORATION

Otello Corporation ASA provides cloud-based network solutions for mobile operators. It offers RocketColony, which enables mobile operators to optimize their network performance and quality, as well as operates as a mobile media and entertainment company. The company was formerly known as Opera Software ASA and changed its name to Otello Corporation ASA in January 2018. The company was incorporated in 1995 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, OTELLO CORPORATION has a trailing twelve months EPS of kr1.8.

PE Ratio

OTELLO CORPORATION has a trailing twelve months price to earnings ratio of 4.89. Meaning, the purchaser of the share is investing kr4.89 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 6.84%.

Moving Average

OTELLO CORPORATION’s value is way higher than its 50-day moving average of kr7.70 and above its 200-day moving average of kr8.06.

Volatility

OTELLO CORPORATION’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.47%, a negative 0.03%, and a positive 2.31%.

OTELLO CORPORATION’s highest amplitude of average volatility was 1.53% (last week), 1.79% (last month), and 2.31% (last quarter).

More news about OTELLO CORPORATION (OTEC.OL).

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