TEKNA HOLDING Stock Impressive Rise 10% So Far On Friday, Outperforms Market

(VIANEWS) – Shares of TEKNA HOLDING (Oslo Børs Benchmark Index_GI: TEKNA.OL) jumped by a staggering 10.91% to kr6.10 at 14:39 EST on Friday, after four successive sessions in a row of losses. Oslo Børs Benchmark Index_GI is rising 0.65% to kr1,197.41, after three successive sessions in a row of losses. This seems, at the moment, a somewhat up trend trading session today.

TEKNA HOLDING’s last close was kr5.50, 72.5% below 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, and Asia. Its material powders and plasma systems are used in various industrial sectors, such as aviation, aerospace, medical, mining and drilling, energy storage, and microelectronics; and applications, such as additive manufacturing, metal injection molding, thermal spray, and hot isostatic pressing. 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-1.28.

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 -34.77%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TEKNA HOLDING’s stock is considered to be overbought (>=80).

Volatility

TEKNA HOLDING’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.55%, a negative 0.29%, and a positive 3.06%.

TEKNA HOLDING’s highest amplitude of average volatility was 1.55% (last week), 2.02% (last month), and 3.06% (last quarter).

Revenue Growth

Year-on-year quarterly revenue growth grew by 10.8%, now sitting on 27.66M for the twelve trailing months.

More news about TEKNA HOLDING (TEKNA.OL).

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