TEKNA HOLDING Stock Jump On Wednesday, Outperforms Market

(VIANEWS) – The Market ended the session with TEKNA HOLDING (TEKNA.OL) jumping 9.06% to kr5.78 on Wednesday while Oslo Børs Benchmark Index_GI jumped 0.77% to kr1,168.59.

TEKNA HOLDING’s last close was kr5.30, 73.5% 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, 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.

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%.

Volatility

TEKNA HOLDING’s last week, last month’s, and last quarter’s current intraday variation average was a negative 2.50%, a negative 0.86%, and a positive 3.13%.

TEKNA HOLDING’s highest amplitude of average volatility was 3.66% (last week), 3.11% (last month), and 3.13% (last quarter).

Yearly Top and Bottom Value

TEKNA HOLDING’s stock is valued at kr5.78 at 22:33 EST, way under its 52-week high of kr20.00 and above its 52-week low of kr5.34.

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).

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