ZAPTEC Stock Bullish Momentum With A 18% Jump At Session Start On Wednesday

(VIANEWS) – Shares of ZAPTEC (Oslo Børs Benchmark Index_GI: ZAP.OL) jumped by a staggering 18.91% to kr34.40 at 10:39 EST on Wednesday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is sliding 0.49% to kr1,199.47, after five sequential sessions in a row of losses. This seems, at the moment, a somewhat bearish trend exchanging session today.

ZAPTEC’s last close was kr28.93, 45.26% under its 52-week high of kr52.85.

About ZAPTEC

Zaptec AS engages in the development and sale of chargers, charging systems, and services for electric car charging in Norway and rest of Europe. It offers Zaptec Go, a 22KW charger; Zaptec Pro, a charging station for parking spaces in housing cooperatives and co-ownership properties, companies, and newbuilds; and charging columns for outdoor installations. The company also provides Zaptec Portal, a charging infrastructure that monitors, balances, and optimizes the load between the various charging stations; and Zaptec APM, which measures the power consumption for the building and allocates power to EV charging. It provides charging solutions for homes, multi-family houses, public charging facilities, businesses, and real estate developers. The company was incorporated in 2012 and is based in Stavanger, Norway.

Earnings Per Share

As for profitability, ZAPTEC has a trailing twelve months EPS of kr0.24.

PE Ratio

ZAPTEC has a trailing twelve months price to earnings ratio of 145.15. Meaning, the purchaser of the share is investing kr145.15 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 -1.97%.

Stock Price Classification

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

More news about ZAPTEC (ZAP.OL).

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