Kongsberg Gruppen ASA (NSKFF) Projected to Release Quarterly Earnings on Monday

Kongsberg Gruppen ASA (OTCMKTS:NSKFF) is anticipated to post its resultson Monday, July 13th. Analysts expect the company to announce earnings of $0.1627 per share and revenue of $1.0039 billion for the quarter.

Kongsberg Gruppen ASA Price Performance

NSKFF opened at $29.72 on Monday. The firm’s 50-day simple moving average is $32.38 and its 200-day simple moving average is $35.15. Kongsberg Gruppen ASA has a twelve month low of $22.39 and a twelve month high of $50.00.

Analyst Upgrades and Downgrades

Separately, Nordea Equity Research upgraded shares of Kongsberg Gruppen ASA from a “hold” rating to a “buy” rating in a research note on Thursday, May 7th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Kongsberg Gruppen ASA Company Profile

Kongsberg Gruppen ASA is a Norwegian technology and industrial group specializing in defense, maritime automation, and digitalization solutions. Established in 1814 as Kongsberg Weapons Factory, the company has evolved into a leading supplier of high-technology systems for military and commercial customers. Headquartered in Kongsberg, Norway, it operates through a network of subsidiaries and offices across Europe, North America, Asia and Australia.

In its defense and aerospace division, Kongsberg Gruppen designs and delivers advanced systems such as remote weapon stations, missile systems, command and control solutions, and sensor systems.