POLIGHT Stock Went Down By Over 28% In The Last 21 Sessions

(VIANEWS) – Shares of POLIGHT (Oslo Børs Benchmark Index_GI: PLT.OL) dropped by a staggering 28.92% in 21 sessions from kr14.8 to kr10.52 at 17:41 EST on Thursday, after five consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI is dropping 0.47% to kr1,210.96, after two consecutive sessions in a row of losses.

POLIGHT’s last close was kr10.52, 63.72% under its 52-week high of kr29.00.

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-1.2.

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 -37.29%.

Yearly Top and Bottom Value

POLIGHT’s stock is valued at kr10.52 at 17:41 EST, below its 52-week low of kr10.58.

Moving Average

POLIGHT’s worth is way below its 50-day moving average of kr15.93 and way under its 200-day moving average of kr20.56.

Earnings Before Interest, Taxes, Depreciation, and Amortization

POLIGHT’s EBITDA is -60.85.

More news about POLIGHT (PLT.OL).

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