(NNIT) Nnit AS - Ratings and Ratios

NNIT A/S is a leading provider of IT solutions and services, specializing in the life sciences, public, and private sectors across Denmark, Europe, the United States, and Asia. The company delivers a comprehensive suite of solutions, including data and AI, cybersecurity, Microsoft and SAP services, as well as specialized offerings such as NNIT Veeva powerhouse, clinical, drug safety, regulatory affairs, laboratory, manufacturing, and supply chain management. Additional services include quality assurance, compliance, migration powerhouse, custom application development, and cloud solutions. Founded in 1994, NNIT A/S is headquartered in Copenhagen, Denmark, and operates with a strong focus on innovation and customer-centric solutions.

From a technical perspective, NNIT A/S (Ticker: NNIT) is currently trading at 72.50 DKK, with a 20-day moving average of 67.30 and a 50-day moving average of 73.12. The 200-day moving average stands at 95.53, indicating a potential downtrend in the longer term. The Average True Range (ATR) of 2.66 suggests moderate volatility. The stocks average 20-day volume is 8,152 shares.

Fundamentally, NNIT A/S has a market capitalization of 1,690.28M DKK, with a price-to-earnings (P/E) ratio of 2263.33, reflecting high valuation relative to earnings. The forward P/E is not available. The price-to-book (P/B) ratio of 1.94 indicates that the stock is trading at a modest premium to its book value. The price-to-sales (P/S) ratio of 0.91 suggests the stock may be undervalued relative to its revenue generation. Return on equity (RoE) is 2.36, indicating modest profitability.

3-Month Forecast: Based on technical and fundamental data, NNIT A/S is expected to experience short-term volatility. The stocks recent uptrend, as indicated by the rising SMA 20, may continue if momentum persists. However, the gap between the SMA 50 and SMA 200 suggests potential resistance at higher levels.Fundamentally, the high P/E ratio may lead to profit-taking, while the low P/S ratio could attract value investors. Overall, the stock is likely to trade in a range-bound manner, with support near 67.30 and resistance near 73.12.