(VIANEWS) – Shares of XXL (Oslo Børs Benchmark Index_GI: XXL.OL) dropped by a staggering 29.12% in 21 sessions from kr3.4 to kr2.41 at 10:30 EST on Wednesday, after four sequential sessions in a row of gains. Oslo Børs Benchmark Index_GI is dropping 0.67% to kr1,193.32, after five consecutive sessions in a row of gains.
XXL’s last close was kr2.54, 78.01% 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. It operates stores in Norway, Sweden, Finland, and 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 2.13. Meaning, the purchaser of the share is investing kr2.13 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%.
Moving Average
XXL’s worth is way under its 50-day moving average of kr3.40 and way under its 200-day moving average of kr4.73.
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