(VIANEWS) – Shares of VOLUE (VOLUE.OL) surged 9.13% at 16:07 EST Thursday, adding to their gains from previous sessions and continuing their upward trend over four sessions running. VOLUE also contributed 0.4% growth to the Oslo Bors Benchmark Index_GI, rising 0.4% overall and closing at 1,257.07.
VOLUE stock was down 37.82% from its 52-week high of kr33.45 at last close, showing a marked downward trend over recent months; however, recent upward momentum may signal potential recovery for VOLUE shares.
About VOLUE
Volue ASA provides software and technology solutions to energy, power grid and infrastructure markets worldwide. The company operates within three segments: Energy, Power Grid and Infrastructure. At its Energy division, KPMG provides software solutions and consulting services for forecasting and optimizing various energy markets to facilitate end-to-end optimization of green energy value chains. The Power Grid segment provides software solutions and consulting services that assist power distributors with electrification by unlocking flexibility and digital management of the grid. Infrastructure segment provides software and consulting services for digital water management, automation of processes and machines in construction industry processes and machines, Volue ASA was established in 2019 in Oslo Norway under Arendals Fossekompani ASA parent company’s ownership.
Yearly Analysis
VOLUE’s stock price is currently trading at kr22.70, which is significantly below its 52-week high of kr33.45 but higher than its 52-week low of kr16.00 – suggesting some degree of fluctuation within its stock over the past year.
VOLUE is expected to achieve sales growth of 24% this year and 17.4% next year, which indicates its revenues should increase steadily in coming years.
VOLUE’s EBITDA, a measure of profitability, stands at 2.09. While this figure does not provide context, it can serve as an effective gauge of financial health.
Based on this information, investors may wish to monitor VOLUE’s stock price – particularly if it reaches its 52-week high – as well as assess its financial performance and growth prospects.
Technical Analysis
VOLUE, a Korean stock, has experienced an extreme variance between its moving averages and current value. VOLUE currently sits well above its 50-day moving average of KR19.78 while being well under its 200-day moving average KR23.68. Additionally, yesterday VOLUE saw its volume skyrocket by 57.22% (116952 to be exact).
VOLUE has experienced relatively consistent volatility over the past month and quarter, with average weekly, monthly, and quarterly volatility standing at 1.31% (last week), 2.15 (last month), 2.5 (1 last quarter). According to stochastic oscillator indicators that measure overbought/oversold conditions, VOLUE stock appears oversold (=20).
Given this information, it can be deduced that VOLUE stock is currently experiencing high volatility, with its value considerably exceeding its moving averages and being oversold – both of which could provide investors with buying opportunities – though further investigation should always be performed prior to making investment decisions.
Quarter Analysis
Based on available information, VOLUE is currently experiencing sales growth of 31.5% which is projected to drop down to 21.5% during its next quarter. VOLUE estimates growth estimates in each of their current and next quarters at negative 14.3% and 4.3%, respectively. Over the past twelve months alone, they have witnessed year-on-year quarterly revenue growth of 33.9% with current revenues exceeding 1.37B.
Given this information, investors must keep in mind that sales growth may decline in future quarters and could potentially impact revenue growth negatively. Furthermore, growth estimates for present and upcoming quarters may indicate slowing of growth by the company.
However, the company still achieved year-on-year revenue growth of 33.9% during the past twelve months despite negative forecasts of growth estimates. This indicates strong revenue generation that could potentially continue into the future.
Before investing, investors should carefully assess a company’s current and projected growth rates as well as market conditions and industry trends. Researching its financials, management team, and competitive position may also give a deeper insight into its investment potential.
Equity Analysis
Based on available data, VOLUE currently boasts an EPS of kr0.35, signifying that they generated an income of that amount during the past year. With an approximate PE ratio of 64.86 suggesting the stock is trading at a premium with investors willing to offer over 64 kroner for every krone of annual earnings generated.
VOLUE has produced an average return on equity (ROE) over its 12-month trailing period of 6.57%, providing shareholders with a moderate return. However, this number may be considered low compared to similar companies within its industry and may cause concern among some investors.
Overall, investors should keep in mind that EPS, PE ratio, and ROE are only among the many considerations when analyzing stocks. Additional aspects like financial health of the company itself as well as industry trends and competitive landscape should also be taken into account before making investment decisions.
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