TOMRA SYSTEMS Stock Bullish Momentum With A 13.22% Jump Before The Weekend

(VIANEWS) – The Market ended the session with TOMRA SYSTEMS (TOM.OL) jumping 13.22% to kr167.90 on Friday while Oslo Børs Benchmark Index_GI dropped 0.05% to kr1,443.02.

TOMRA SYSTEMS’s last close was kr148.30, 17.61% below its 52-week high of kr180.00.

About TOMRA SYSTEMS

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three segments: TOMRA Collection, TOMRA Recycling, and TOMRA Food. The TOMRA Collection segment engages in the development, production, sale, and service of reverse vending machines and related data management systems. This segment is also involved in picking up, transporting, and processing empty beverage containers on behalf of beverage producers/fillers. The TOMRA Recycling segment engages in the development, production, sale, and service of sorting and processing technology for waste management companies or plant builders. This segment offers sorting systems for waste and metal material streams; and ore sorting systems for mining companies. The TOMRA Food segment is involved in the development, production, sale, and service of sorting and processing technology, including sensor-based sorting solutions and integrated post-harvest solutions to detect and remove unwanted materials from manufacturing and processing lines for fresh and processed food industries. Tomra Systems ASA was founded in 1972 and is headquartered in Asker, Norway.

Earnings Per Share

As for profitability, TOMRA SYSTEMS has a trailing twelve months EPS of kr1.99.

PE Ratio

TOMRA SYSTEMS has a trailing twelve months price to earnings ratio of 84.37. Meaning, the purchaser of the share is investing kr84.37 for every norwegian krone of annual earnings.

Return on Equity

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 9.08%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, TOMRA SYSTEMS’s stock is considered to be oversold (<=20).

Revenue Growth

Year-on-year quarterly revenue growth grew by 2.6%, now sitting on 14.84B for the twelve trailing months.

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