VOLUE Stock 9.13% Up On Thursday

(VIANEWS) – The Market ended the session with VOLUE (VOLUE.OL) rising 9.13% to kr22.70 on Thursday while Oslo Børs Benchmark Index_GI rose 0.28% to kr1,255.60.

VOLUE’s last close was kr20.80, 37.82% below its 52-week high of kr33.45.

About VOLUE

Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.

Earnings Per Share

As for profitability, VOLUE has a trailing twelve months EPS of kr0.35.

PE Ratio

VOLUE has a trailing twelve months price to earnings ratio of 64.86. Meaning, the purchaser of the share is investing kr64.86 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 6.57%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is a negative 14.3% and a negative 4.3%, respectively.

Yearly Top and Bottom Value

VOLUE’s stock is valued at kr22.70 at 22:34 EST, way below its 52-week high of kr33.45 and way above its 52-week low of kr16.00.

Sales Growth

VOLUE’s sales growth is 31.5% for the current quarter and 21.5% for the next.

More news about VOLUE (VOLUE.OL).

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