(VIANEWS) – Shares of TECHSTEP (Oslo Børs Benchmark Index_GI: TECH.OL) jumped by a staggering 27.44% in 21 sessions from kr1.08 to kr1.37 at 10:41 EST on Monday, after three sequential sessions in a row of gains. Oslo Børs Benchmark Index_GI is sliding 1.99% to kr1,130.05, after five sequential sessions in a row of losses.
TECHSTEP’s last close was kr1.39, 57.88% below its 52-week high of kr3.30.
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-0.135.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TECHSTEP’s stock is considered to be oversold (<=20).
Volume
Today’s last reported volume for TECHSTEP is 68603 which is 564.33% above its average volume of 181076.
Sales Growth
TECHSTEP’s sales growth for the current quarter is 4.7%.
Moving Average
TECHSTEP’s value is way above its 50-day moving average of kr1.13 and way below its 200-day moving average of kr1.61.
More news about TECHSTEP (TECH.OL).
