POLIGHT Stock Impressive Rise On Thursday, Outperforms Market

(VIANEWS) – The Market ended the session with POLIGHT (PLT.OL) jumping 25.54% to kr4.67 on Thursday while Oslo Børs Benchmark Index_GI slid 0.13% to kr1,355.28.

POLIGHT’s last close was kr3.72, 85.53% 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; 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. it serves smartphones and wearables, barcode/industrial, augmented reality, medical endoscopy, webcams, and other 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-1.2.

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 -48.82%.

Volatility

POLIGHT’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.76%, a negative 4.06%, and a positive 6.34%.

POLIGHT’s highest amplitude of average volatility was 3.36% (last week), 7.08% (last month), and 6.34% (last quarter).

Yearly Top and Bottom Value

POLIGHT’s stock is valued at kr4.67 at 22:31 EST, way under its 52-week high of kr25.70 and way above its 52-week low of kr3.32.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, POLIGHT’s stock is considered to be oversold (<=20).

More news about POLIGHT (PLT.OL).

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