(VIANEWS) – The Market ended the session with REC SILICON (RECSI.OL) rising 11.12% to kr7.00 on Wednesday while Oslo Børs Benchmark Index_GI jumped 0.15% to kr1,381.37.
REC SILICON’s last close was kr6.30, 62.79% below 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-0.32.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, REC SILICON’s stock is considered to be overbought (>=80).
Sales Growth
REC SILICON’s sales growth is 52.9% for the current quarter and 33.6% for the next.
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