(VIANEWS) - The Market ended the session with ELLIPTIC LABORATOR (ELABS.OL) jumping 9.48% to kr12.70 on Monday, following the last session's upward trend. Oslo Børs Benchmark Index_GI dropped 0.49% to kr1,427.41, after three consecutive sessions in a row of gains, on what was a somewhat bearish trend exchanging session today.
ELLIPTIC LABORATOR's last close was kr11.60, 52.26% under its 52-week high of kr24.30.
About ELLIPTIC LABORATOR
Elliptic Laboratories ASA, an artificial intelligence (AI) software company, engages in the provision of AI virtual smart sensors for the smartphone, laptop, Internet of Things, and automotive industries in Norway, the United States, China, South Korea, Taiwan, and Japan. The company offers AI Virtual Human Presence Sensor, a presence-detection solution used to improve the security of data stored on devices and to allow intuitive responses based on natural human interaction; AI Virtual Proximity Sensor that enables exquisite full-screen devices; and AI Virtual Connection Sensor that allows to pair and authenticate smart devices in the same room. It also provides AI Virtual Position Sensor which automatically detects the location of an external display in relation to a laptop; AI Virtual Gesture Sensor, a touch-free ultrasound gesture technology, that enables touchless user interactions; AI Virtual Breathing sensor that enables to track person's breathing; and AI Virtual heart Sensor that tracks a person's heart rate. The company was incorporated in 2006 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ELLIPTIC LABORATOR has a trailing twelve months EPS of kr-0.24.
Return on Equity
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 -7.11%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 244.9%, now sitting on 74.16M for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ELLIPTIC LABORATOR's stock is considered to be oversold (<=20).
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