POLIGHT Stock Impressive Jump On Thursday, Outperforms Market

(VIANEWS) – The Market ended the session with POLIGHT (PLT.OL) jumping 13.76% to kr3.68 on Thursday, after three successive sessions in a row of losses. Oslo Børs Benchmark Index_GI jumped 0.08% to kr1,438.37, after five sequential sessions in a row of gains, on what was a somewhat positive trend exchanging session today.

POLIGHT’s last close was kr3.24, 87.41% below its 52-week high of kr25.70.

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; driver ASIC is designed to drive capacitive loads such as the TLens autofocus actuators; and evaluation kits that allows to test and evaluate the optical and electrical performance of the TLens in new products and/or applications. It serves smartphones and wearables, industrial, augmented reality, healthcare, and webcams markets. poLight ASA was founded in 2005 and is headquartered in Skoppum, Norway.

Earnings Per Share

As for profitability, POLIGHT has a trailing twelve months EPS of kr-1.19.

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 negative -56.66%.

More news about POLIGHT (PLT.OL).

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