ZALARIS Stock Bullish Momentum With A 26% Rise In The Last 10 Sessions

(VIANEWS) – Shares of ZALARIS (Oslo Børs Benchmark Index_GI: ZAL.OL) jumped by a staggering 26.01% in 10 sessions from kr32.3 to kr40.70 at 14:43 EST on Thursday, after two consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI is dropping 0.02% to kr1,215.44, after two successive sessions in a row of gains.

ZALARIS’s last close was kr39.40, 22.44% below its 52-week high of kr50.80.

About ZALARIS

Zalaris ASA provides full-service outsourced personnel and payroll services. The company operates through two segments, Managed Services and Professional Services. It offers a range of payroll and human resource (HR) outsourcing services, including payroll processing, time and attendance, and travel expenses, as well as cloud-based HR functionality services, such as talent management, digital personnel archive, HR analytics, mobile solutions, etc. The company also provides consulting services; and engages in the implementation of SAP HCM, and Payroll and SuccessFactors. It serves bank, insurance, finance, health and life science, infrastructure and transportation, IT, telecom, offshore and energy, services, product, retail, and service industries, as well as public services and other institutions. Zalaris ASA has operations in Norway, Sweden, Denmark, Finland, Germany, Latvia, the United Kingdom, and internationally. The company was formerly known as Zalaris HR Services AS and changed its name to Zalaris ASA in May 2014. Zalaris ASA was founded in 2000 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, ZALARIS has a trailing twelve months EPS of kr-0.63.

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 -6.89%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 14.4%, now sitting on 843.89M for the twelve trailing months.

Volume

Today’s last reported volume for ZALARIS is 13564 which is 68.62% below its average volume of 37155.

Dividend Yield

As stated by Morningstar, Inc., the next dividend payment is on May 20, 2022, the estimated forward annual dividend rate is 0.35 and the estimated forward annual dividend yield is 1%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ZALARIS’s stock is considered to be oversold (<=20).

More news about ZALARIS (ZAL.OL).

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