TECH Stock Overview
Operates as a mobile technology company in Norway, Sweden, Denmark, and Poland.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
Techstep ASA Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | NOK 13.40 |
| 52 Week High | NOK 15.00 |
| 52 Week Low | NOK 7.45 |
| Beta | 0.94 |
| 11 Month Change | 13.08% |
| 3 Month Change | -4.29% |
| 1 Year Change | 52.27% |
| 33 Year Change | -69.34% |
| 5 Year Change | -60.00% |
| Change since IPO | -70.22% |
Recent News & Updates
Recent updates
Techstep ASA's (OB:TECH) Shares Climb 28% But Its Business Is Yet to Catch Up
Jul 17
Is Techstep (OB:TECH) Using Debt In A Risky Way?
Jun 29Is Techstep (OB:TECH) Using Too Much Debt?
Oct 03The Market Doesn't Like What It Sees From Techstep ASA's (OB:TECH) Earnings Yet As Shares Tumble 27%
Jul 14Is Techstep (OB:TECH) Using Too Much Debt?
Jun 14Is Techstep (OB:TECH) Using Debt In A Risky Way?
Feb 27Would Techstep (OB:TECH) Be Better Off With Less Debt?
Aug 05Is Techstep (OB:TECH) A Risky Investment?
May 12Have Insiders Been Buying Techstep ASA (OB:TECH) Shares This Year?
Mar 10What Type Of Shareholders Own The Most Number of Techstep ASA (OB:TECH) Shares?
Feb 11
Techstep (OB:TECH) Shareholders Have Enjoyed A 55% Share Price Gain
Dec 28The Independent Chairman of the Board of Techstep ASA (OB:TECH), Jens Rugseth, Just Bought 2.7% More Shares
Dec 06Here's Why Techstep (OB:TECH) Can Afford Some Debt
Nov 24Shareholder Returns
| TECH | NO Tech | NO Market | |
|---|---|---|---|
| 7D | 7.2% | 2.4% | -1.3% |
| 1Y | 52.3% | 19.3% | 1.8% |
Return vs Industry: TECH exceeded the Norwegian Tech industry which returned 19.3% over the past year.
Return vs Market: TECH exceeded the Norwegian Market which returned 1.8% over the past year.
Price Volatility
| TECH volatility | |
|---|---|
| TECH Average Weekly Movement | 8.4% |
| Tech Industry Average Movement | 6.6% |
| Market Average Movement | 4.9% |
| 10% most volatile stocks in NO Market | 10.6% |
| 10% least volatile stocks in NO Market | 2.7% |
Stable Share Price: TECH's share price has been volatile over the past 3 months compared to the Norwegian market.
Volatility Over Time: TECH's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2016 | 265 | Morten Meier | www.techstep.io |
Techstep ASA operates as a mobile technology company in Norway, Sweden, Denmark, and Poland. The company offers device lifecycle management, mobile data capture, and mobile device management solutions; strategic and technical advisory services; and unified endpoint, endpoint, and application management services. It also provides mobile devices and accessories; and mobile management and security products.
Techstep ASA Fundamentals Summary
| TECH fundamental statistics | |
|---|---|
| Market cap | NOK 423.83m |
| Earnings (TTM) | -NOK 37.16m |
| Revenue (TTM) | NOK 1.05b |
0.4x
P/S Ratio-11.4x
P/E RatioIs TECH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TECH income statement (TTM) | |
|---|---|
| Revenue | NOK 1.05b |
| Cost of Revenue | NOK 615.04m |
| Gross Profit | NOK 433.96m |
| Other Expenses | NOK 471.12m |
| Earnings | -NOK 37.16m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 15, 2024
| Earnings per share (EPS) | -1.17 |
| Gross Margin | 41.37% |
| Net Profit Margin | -3.54% |
| Debt/Equity Ratio | 30.8% |
How did TECH perform over the long term?
See historical performance and comparison