XXL Stock Bullish Momentum With A 13.36% Rise Before The Weekend

(VIANEWS) – The Market ended the session with XXL (XXL.OL) rising 13.36% to kr2.61 on Friday, after two successive sessions in a row of gains. Oslo Børs Benchmark Index_GI rose 0.75% to kr1,193.57, after four sequential sessions in a row of gains, on what was a somewhat bullish trend exchanging session today.

XXL’s last close was kr2.31, 80.03% under 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 kr1.134.

PE Ratio

XXL has a trailing twelve months price to earnings ratio of 2.31. Meaning, the purchaser of the share is investing kr2.31 for every norwegian krone of annual earnings.

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 0.37%, a negative 1.96%, and a positive 2.16%.

XXL’s highest amplitude of average volatility was 3.00% (last week), 3.38% (last month), and 2.16% (last quarter).

Sales Growth

XXL’s sales growth for the current quarter is 431.7%.

Moving Average

XXL’s worth is way under its 50-day moving average of kr3.40 and way below its 200-day moving average of kr4.73.

Yearly Top and Bottom Value

XXL’s stock is valued at kr2.61 at 22:34 EST, way below its 52-week high of kr11.55 and way above its 52-week low of kr2.25.

More news about XXL (XXL.OL).

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