Tomra Systems ASA (OTCMKTS:TMRAY – Get Free Report) issued its earnings results on Friday. The company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01, Zacks reports.
Tomra Systems ASA Stock Up 3.2%
OTCMKTS TMRAY traded up $0.32 during trading on Friday, reaching $10.22. 10,879 shares of the company’s stock were exchanged, compared to its average volume of 10,392. The company has a 50 day moving average price of $10.40 and a two-hundred day moving average price of $10.60. Tomra Systems ASA has a 1 year low of $9.08 and a 1 year high of $14.18.
About Tomra Systems ASA
Tomra Systems ASA is a Norway-based technology company that develops solutions for resource recovery and the circular economy. Its businesses focus on collection, sorting, and processing technologies designed to help recover valuable materials, reduce waste, and improve the efficiency of resource use.
The company’s TOMRA Collection business provides reverse-vending machines and related systems for collecting used beverage containers. Its TOMRA Recycling operations offer sensor-based sorting equipment and digital solutions for separating materials such as plastics, metals, paper, and other recyclable products.
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