(NKT) NKT - Ratings and Ratios

NKT A/S is a leading provider of power cable solutions, operating globally with a strong presence in Europe and expanding markets worldwide. The company specializes in the design, manufacturing, and installation of low, medium, and high voltage power cables, serving diverse industries including renewable energy, utilities, and industrial applications. NKT A/S operates through three core segments: Solutions, Applications, and Service & Accessories, ensuring a comprehensive approach to cable systems and related services.

The companys product portfolio includes a wide range of cables such as high voltage onshore and offshore cables, medium voltage dynamic and universal cables, and low voltage building wires and control cables. It also offers an extensive array of cable accessories, including joints, terminations, and connectors, designed to meet the specific needs of various applications. Additionally, NKT A/S provides lifecycle cable services, installation, operation, and maintenance solutions, as well as technology consulting and expertise in oil and gas cable systems.

NKT A/S has a strong commitment to innovation and sustainability, focusing on solutions that support the transition to renewable energy. The company serves a global customer base, with operations in key markets such as Germany, the United Kingdom, the United States, and Scandinavian countries. Founded in 1891 and headquartered in Brøndby, Denmark, NKT A/S has a long history of delivering high-quality cable solutions and has established itself as a trusted partner in the energy sector. The company changed its name from NKT Holding A/S to NKT A/S in May 2017, reflecting its streamlined business structure and focus on core operations.

Ticker Symbol: NKT
Exchange: CO
Type: common stock
Country Origin: Denmark
GICS Sub Industry: Electrical Components & Equipment

3-Month Forecast:
Based on the current technical and fundamental data, NKT A/S is expected to experience moderate price fluctuations. The SMA 20 and SMA 50 indicate potential support levels at 480.65 and 487.62 respectively, while the SMA 200 suggests a resistance level at 560.77. The ATR of 21.39 indicates moderate volatility, with potential price movements ranging between 485 and 530 over the next three months. The stock is currently trading above its SMA 50 but below its SMA 200, suggesting a neutral to slightly bullish outlook.