(VIANEWS) – The Market ended the session with TECHSTEP (TECH.OL) jumping 9.45% to kr1.39 on Thursday, after five sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI fell 0.5% to kr1,214.60, following the last session’s downward trend on what was a somewhat bearish trend exchanging session today.
TECHSTEP’s last close was kr1.27, 60.19% under 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%.
Volatility
TECHSTEP’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.79%, a negative 0.41%, and a positive 2.25%.
TECHSTEP’s highest amplitude of average volatility was 0.79% (last week), 2.05% (last month), and 2.25% (last quarter).
Sales Growth
TECHSTEP’s sales growth for the current quarter is 4.7%.
Revenue Growth
Year-on-year quarterly revenue growth declined by 3.8%, now sitting on 1.32B for the twelve trailing months.
Moving Average
TECHSTEP’s value is way above its 50-day moving average of kr1.18 and way below its 200-day moving average of kr1.55.
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