Norbit ASA

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Norbit ASA (NORBT) Price Performance

Norbit ASA (NORBT) trades on Oslo Stock Exchange in NOK. The company is classified in the Technology sector under the Scientific & Technical Instruments industry. The stock currently trades at NOK191.40, down 2.15% from the previous close.

Over the past year, NORBT has traded between a low of NOK104.78 and a high of NOK221.13. The stock has gained 59.2% over this period. It is currently 13.4% below its 52-week high.

Norbit ASA has a market capitalization of $12.81B, with a price-to-earnings ratio of 31.72 and a dividend yield of 2.47%.

About Norbit ASA

Norbit ASA provides technology solutions to customers in a range of industries. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging systems for obstacle avoidance/MCM, and above water laser products under the NORBIT WINGHEAD, NORBIT WBMS, NORBIT NORdredge, and NORBIT FLS names; and GuardPoint 70, GuardPoint 100, GuardPoint 200, and GuardPoint 400 intruder detection sonar, NORTrace sonar performance prediction software, and mine detection and classification solutions. It also provides SeaCOP, a sensor integration platform and user interface common operational picture for emergency response; Securus system, a multipurpose camera system for the maritime environment; SeaView multi-sensor systems for shore-based installations; and SeaDarQ, oil spill detection radar. In addition, the company offers Intelligent Traffic Systems, including CEN dedicated short-range communication (DSRC) based connectivity devices and solutions for smart tachographs, satellite-based truck tolling, battery-operated DSRC OBUs, and tailored solutions with GNSS and GSM antennas; iData that specializes in vehicle monitoring, tailored reporting, fleet management, and fuel control; and Connected Solutions for asset and vehicle monitoring, tracking, and management.Norbit ASA was founded in 1995 and is headquartered in Trondheim, Norway.