(VIANEWS) – The Market ended the session with REC SILICON (RECSI.OL) rising 10.17% to kr8.94 on Wednesday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI rose 1.06% to kr1,459.29, following the last session’s downward trend on what was an all-around bullish trend trading session today.
REC SILICON’s last close was kr8.11, 56.11% below its 52-week high of kr18.48.
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 kr0.55.
PE Ratio
REC SILICON has a trailing twelve months price to earnings ratio of 16.25. Meaning, the purchaser of the share is investing kr16.25 for every norwegian krone of annual earnings.
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 70.93%.
Sales Growth
REC SILICON’s sales growth is 52.9% for the current quarter and 33.6% for the next.
Volume
Today’s last reported volume for REC SILICON is 2585760 which is 75.5% above its average volume of 1473330.
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