(VIANEWS) – The Market ended the session with TECHSTEP (TECH.OL) jumping 20% to kr1.50 on Wednesday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI rose 0.02% to kr1,204.81, following the last session’s downward trend on what was a somewhat up trend trading session today.
TECHSTEP’s last close was kr1.25, 60.82% below its 52-week high of kr3.19.
About TECHSTEP
Techstep ASA operates as a mobile technology enabler in Norway, Sweden, Denmark, and Poland. It offers mobile hardware, service, support, and mobility consultancy services; software as a service, as well as mobile expense management modules; and financing and remarketing services. The company also provides industry-leading cloud-based PBX solutions and enterprise mobility management services, including mobile security, system design, implementation, and mobile device management. In addition, it develops and provides enterprise mobility software and solutions for the customers in the transportation, logistics, and public safety sectors, as well as offers mobile device lifecycle management solutions. The company was founded in 2016 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, TECHSTEP has a trailing twelve months EPS of kr-0.34.
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 -12.18%.
Moving Average
TECHSTEP’s value is way higher than its 50-day moving average of kr1.18 and under its 200-day moving average of kr1.55.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.8%, now sitting on 1.32B for the twelve trailing months.
Sales Growth
TECHSTEP’s sales growth for the current quarter is 4.7%.
Yearly Top and Bottom Value
TECHSTEP’s stock is valued at kr1.50 at 22:38 EST, way below its 52-week high of kr3.19 and way higher than its 52-week low of kr0.96.
More news about TECHSTEP (TECH.OL).
