(VIANEWS) – Shares of XXL (Oslo Børs Benchmark Index_GI: XXL.OL) dropped by a staggering 27.5% in 21 sessions from kr3.2 to kr2.32 at 14:41 EST on Thursday, after four sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is sliding 0.02% to kr1,215.44, after two successive sessions in a row of gains.
XXL’s last close was kr2.35, 79.7% below its 52-week high of kr11.55.
About XXL
XXL ASA operates as a sports retailer. It offers sports equipment and sportswear for various sports, including running, football, golf, water sports, racket sports, and ice hockey; and fitness equipment, including treadmills and rowing machines, as well as food supplements and nutrition. The company also provides clothes for men, women, and children for baselayers, outerwear, casual wear, sportswear, and swimwear, as well as lifestyle shoes and winter shoes; outdoor and hunting products for fishing, wilderness living, and camping, such as tents, lavvos, sleeping bags, backpacks, cooking equipment as well as climbing gear; and hunting products, including firearms and ammunition, clothes, binoculars, optics, knives, and axes. In addition, it offers skis and ski accessories, such as shoes, poles, clothes, and other equipment for cross-country and downhill skiing, as well as snowboarding; high-end and everyday bikes comprising hybrid bikes, mountain bikes, city bikes, and electric bikes for children, women, and men; and bike equipment, such as helmets, shoes, spare parts, and clothes. Further, the company provides products that connect technology and sports/outdoor activities, including sport watches, action cameras, drones, GPS, earplugs and headphones, portable loudspeakers, sunglasses, pulse meters, power banks, and cycle computers. As of December 31, 2021, it operated 92 stores, including 37 stores in Norway, 30 stores in Sweden, 17 stores in Finland, and 8 stores in Austria, as well as e-commerce websites, such as xxl.no, xxl.se, xxl.fi, xxl.dk, and xxlsports.at. The company was founded in 2000 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, XXL has a trailing twelve months EPS of kr-0.33.
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 -2.04%.
Volatility
XXL’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.59%, a negative 1.63%, and a positive 2.48%.
XXL’s highest amplitude of average volatility was 1.59% (last week), 3.58% (last month), and 2.48% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, XXL’s stock is considered to be overbought (>=80).
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Jun 3, 2022, the estimated forward annual dividend rate is 0.6 and the estimated forward annual dividend yield is 15%.
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