POLIGHT Stock Is 9% Down So Far Today

(VIANEWS) – Shares of POLIGHT (Oslo Børs Benchmark Index_GI: PLT.OL) slid 9.42% to kr11.54 at 14:37 EST on Thursday, after four consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI is jumping 0.27% to kr1,230.91, following the last session’s upward trend. This seems, so far, a somewhat bullish trend exchanging session today.

POLIGHT’s last close was kr12.74, 56.07% under its 52-week high of kr29.00.

About POLIGHT

poLight ASA develops optical lens for consumer devices and industrial applications in Europe, Asia, and the United States. The company's lens replicates the lens of the human eye enabling the implementation of autofocus functions for various applications. Its product portfolio includes TLens, a tuneable optical lens for autofocus camera applications; Packaged TLens that facilitates integration of a TLens on a fixed-focus camera module; ASIC drivers, which control the supply of variable voltage to Tlens products and makes them to change focus; TLens Silver and TLens Silver Premium devices; and evaluation kits that allows to test and evaluate the optical and electrical performance of the TLens in new products and/or applications. The company serves smartphones and wearables, barcode/industrial, augmented reality, medical endoscopy, webcams, and other markets. poLight ASA was incorporated in 2005 and is headquartered in Skoppum, Norway.

Earnings Per Share

As for profitability, POLIGHT has a trailing twelve months EPS of kr-1.31.

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 -38.2%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 384.1%, now sitting on 19.01M for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

POLIGHT’s EBITDA is 27.11.

More news about POLIGHT (PLT.OL).

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