POLIGHT Stock Over 12% Down So Far Today

(VIANEWS) – Shares of POLIGHT (Oslo Børs Benchmark Index_GI: PLT.OL) slid by a staggering 12.08% to kr13.10 at 14:37 EST on Wednesday, after three sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is rising 0.33% to kr1,213.80, following the last session’s upward trend. This seems, at the moment, a somewhat positive trend trading session today.

POLIGHT’s last close was kr16.00, 52.94% below its 52-week high of kr34.00.

About POLIGHT

poLight ASA develops optical lens for consumer devices and industrial applications. Its lens replicates the lens of the human eye enabling the implementation of autofocus functions for various applications. Its product portfolio includes Tunable Optical Lens (TLens) products; Tlens Silver and Tlens Silver Premium; and ASIC drivers that control the supply of variable voltage to Tlens products and makes them to change focus. The company offers its products for use in front and back camera phones; wearables, including AR/VR devices; tablet PCs; HD video cameras; drones; handheld devices; and barcode readers, as well for medical equipment. It has operations in Europe, Asia, and the United States. poLight ASA was founded in 2005 and is headquartered in Horten, Norway.

Earnings Per Share

As for profitability, POLIGHT has a trailing twelve months EPS of kr-1.1.

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 -31.52%.

Volume

Today’s last reported volume for POLIGHT is 262095 which is 193.49% above its average volume of 89301.

More news about POLIGHT (PLT.OL).

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