TEKNA HOLDING Stock Impressive Jump On Wednesday, Outperforms Market

(VIANEWS) – The Market ended the session with TEKNA HOLDING (TEKNA.OL) jumping 15.25% to kr9.22 on Wednesday, after four consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI dropped 0.94% to kr1,231.07, after five consecutive sessions in a row of gains, on what was a somewhat bearish trend trading session today.

TEKNA HOLDING’s last close was kr8.00, 60% under its 52-week high of kr20.00.

About TEKNA HOLDING

Tekna Holding ASA develops, manufactures, and sells micro and nano powders, and plasma process solutions in North America, Europe, Asia, and internationally. The company offers spherical powders, such as titanium, nickel, and aluminum alloys, as well as tungsten and tantalum; and nanopowders, including nickel nanopowder, silicon nanopowder, copper nanopowder, and boron nitride nanotubes for use in additive manufacturing, metal injection molding, thermal spray, and hot isostatic pressing. It serves aviation, aerospace, medical, mining and drilling, energy storage, and microelectronics industries. The company was founded in 1990 and is headquartered in Sherbrooke, Canada. Tekna Holding ASA is a subsidiary of Arendals Fossekompani ASA.

Earnings Per Share

As for profitability, TEKNA HOLDING has a trailing twelve months EPS of kr-1.2.

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 -32.23%.

Moving Average

TEKNA HOLDING’s worth is way higher than its 50-day moving average of kr7.14 and way above its 200-day moving average of kr6.90.

Earnings Before Interest, Taxes, Depreciation, and Amortization

TEKNA HOLDING’s EBITDA is -501.05.

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