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Global Ideas: Kongsberg Gruppen Running +13%

Writer's picture: Lester DavidsLester Davids

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Discussed last week Monday 24 February. Running +13% as part of the European defense theme.



 

Previous Post: Monday 24 February


Sector: Aerospace & Defense

Country: Norway


Kongsberg Gruppen ASA engages in delivering technology systems and solutions to clients within the oil and gas industry, merchant marine, defence, and aerospace. It operates through the following segments: Kongsberg Maritime, Kongsberg Defence and Aerospace, and Other.


Technical

  • Multi-month base below multi-month highs.

  • Trigger level = 13.90



Lester Davids

Analyst: Unum Capital

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