(VIANEWS) - Shares of POLIGHT (Oslo Børs Benchmark Index_GI: PLT.OL) dropped by a staggering 28.4% in 21 sessions from kr25.14 to kr18.00 at 13:39 EST on Thursday, after three successive sessions in a row of losses. Oslo Børs Benchmark Index_GI is sliding 0.51% to kr1,172.17, after three consecutive sessions in a row of gains.
POLIGHT's last close was kr18.80, 47.49% below its 52-week high of kr35.80.
About POLIGHT
poLight ASA develops optical lens for consumer devices and industrial applications. Its lens replicates the lens of the human eye enabling the implementation of autofocus functions for various applications. Its product portfolio includes Tunable Optical Lens (TLens) products; Tlens Silver and Tlens Silver Premium; and ASIC drivers that control the supply of variable voltage to Tlens products and makes them to change focus. The company offers its products for use in front and back camera phones; wearables, including AR/VR devices; tablet PCs; HD video cameras; drones; handheld devices; and barcode readers, as well for medical equipment. It has operations in Europe, Asia, and the United States. poLight ASA was founded in 2005 and is headquartered in Horten, Norway.
Earnings Per Share
As for profitability, POLIGHT has a trailing twelve months EPS of kr-5.93.
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 -31.52%.Earnings Before Interest, Taxes, Depreciation, and Amortization
POLIGHT's EBITDA is -93.75.
Moving Average
POLIGHT's worth is way below its 50-day moving average of kr23.79 and way below its 200-day moving average of kr22.34.Yearly Top and Bottom Value
POLIGHT's stock is valued at kr18.00 at 13:39 EST, way below its 52-week high of kr35.80 and above its 52-week low of kr16.78.
Volume
Today's last reported volume for POLIGHT is 74559 which is 32.01% below its average volume of 71496.
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