(VIANEWS) – The Market ended the session with REC SILICON (RECSI.OL) rising 23.81% to kr7.80 on Monday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI jumped 0.25% to kr1,410.90, after three consecutive sessions in a row of gains, on what was a somewhat up trend exchanging session today.
REC SILICON’s last close was kr6.30, 62.79% under its 52-week high of kr16.93.
About REC SILICON
REC Silicon ASA, together with its subsidiaries, produces and sells silicon materials for the solar and electronics industries worldwide. It offers various Signature Silane gas, a pure form of silicon that produces product for fuel industries comprising specialty gases, including Dichlorosilane, Monochlorosilane, and Disilane for use in the manufacturing processes of flat panel displays, semiconductors, and solar cells; solar grade polysilicon, including NextSi used for multi crystalline and monocrystalline solar ingot and wafer production in the manufacturing of solar modules; and electronic grade polysilicon consisting of float zone-based devices are used in motor control and power conversion processes for hybrid and electric vehicles, wind energy, and high voltage transmission, 5G communications, high-speed trains, internet of things, and big data, as well as Czochralski for manufacturing of semiconductor wafers used in memory processors, optics, and micro electromechanical systems. The company was formerly known as Renewable Energy Corporation ASA and changed its name to REC Silicon ASA in October 2013. REC Silicon ASA was founded in 1996 and is headquartered in Lysaker, Norway.
Earnings Per Share
As for profitability, REC SILICON has a trailing twelve months EPS of kr-0.33.
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 -309.33%.
Moving Average
REC SILICON’s value is higher than its 50-day moving average of kr7.38 and way under its 200-day moving average of kr9.99.
Revenue Growth
Year-on-year quarterly revenue growth grew by 2.7%, now sitting on 155.1M for the twelve trailing months.
Volume
Today’s last reported volume for REC SILICON is 8990270 which is 465.08% above its average volume of 1590970.
Growth Estimates Quarters
The company’s growth estimates for the present quarter and the next is a negative 233.3% and a negative 95.2%, respectively.
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