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Wirtek A/S
Buy, Hold or Sell?

Let's analyse Wirtek together

PenkeI guess you are interested in Wirtek A/S. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Wirtek A/S. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Wirtek (30 sec.)










What can you expect buying and holding a share of Wirtek? (30 sec.)

How much money do you get?

How much money do you get?
kr0.10
When do you have the money?
1 year
How often do you get paid?
90.5%

What is your share worth?

Current worth
kr2.17
Expected worth in 1 year
kr2.37
How sure are you?
90.5%

+ What do you gain per year?

Total Gains per Share
kr0.90
Return On Investment
8.8%

For what price can you sell your share?

Current Price per Share
kr10.15
Expected price per share
kr9.98 - kr11.40
How sure are you?
50%

1. Valuation of Wirtek (5 min.)




Live pricePrice per Share (EOD)

kr10.15

Intrinsic Value Per Share

kr-1.16 - kr-1.32

Total Value Per Share

kr1.01 - kr0.85

2. Growth of Wirtek (5 min.)




Is Wirtek growing?

Current yearPrevious yearGrowGrow %
How rich?$2.4m$1.8m$566.5k23.9%

How much money is Wirtek making?

Current yearPrevious yearGrowGrow %
Making money$129.7k$214.7k-$85k-65.6%
Net Profit Margin5.1%9.5%--

How much money comes from the company's main activities?

3. Financial Health of Wirtek (5 min.)




4. Comparing to competitors in the Information Technology Services industry (5 min.)




  Industry Rankings (Information Technology Services)  


Richest
#366 / 401

Most Revenue
#370 / 401

Most Profit
#267 / 401

Most Efficient
#155 / 401

What can you expect buying and holding a share of Wirtek? (5 min.)

Welcome investor! Wirtek's management wants to use your money to grow the business. In return you get a share of Wirtek.

What can you expect buying and holding a share of Wirtek?

First you should know what it really means to hold a share of Wirtek. And how you can make/lose money.

Speculation

The Price per Share of Wirtek is kr10.15. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Wirtek.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Wirtek, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is kr2.17. Based on the TTM, the Book Value Change Per Share is kr0.05 per quarter. Based on the YOY, the Book Value Change Per Share is kr0.23 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is kr0.17 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Wirtek.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 kr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Sharekr% of Price per Share
Usd Eps0.020.2%0.020.2%0.030.3%0.020.2%0.020.2%
Usd Book Value Change Per Share0.010.1%0.010.1%0.030.3%0.010.1%0.010.1%
Usd Dividend Per Share0.000.0%0.030.2%0.040.4%0.020.2%0.020.2%
Usd Total Gains Per Share0.010.1%0.030.3%0.070.7%0.030.3%0.030.3%
Usd Price Per Share1.49-1.72-2.43-1.81-1.73-
Price to Earnings Ratio23.10-20.37-22.56-35.72-36.10-
Price-to-Total Gains Ratio279.49-135.03-47.75-65.92-65.66-
Price to Book Ratio4.74-5.60-10.84-13.10-13.04-
Price-to-Total Gains Ratio279.49-135.03-47.75-65.92-65.66-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share1.47175
Number of shares679
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.030.02
Usd Book Value Change Per Share0.010.01
Usd Total Gains Per Share0.030.03
Gains per Quarter (679 shares)22.0622.44
Gains per Year (679 shares)88.2389.77
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1692078523880
21373916610476170
320659254156114260
427479342208151350
534398430259189440
6411118518311227530
7480138606363265620
8548157694415303710
9617177782467341800
10686197870519379890

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share4.00.00.0100.0%12.00.00.0100.0%19.00.00.0100.0%21.00.00.0100.0%21.00.00.0100.0%
Book Value Change Per Share3.01.00.075.0%10.02.00.083.3%14.03.02.073.7%15.03.03.071.4%15.03.03.071.4%
Dividend per Share3.00.01.075.0%11.00.01.091.7%17.00.02.089.5%19.00.02.090.5%19.00.02.090.5%
Total Gains per Share4.00.00.0100.0%11.01.00.091.7%17.01.01.089.5%19.01.01.090.5%19.01.01.090.5%

Fundamentals of Wirtek

About Wirtek A/S

Wirtek A/S, an IT outsourcing company, provides software solutions and electronic equipment products in Denmark. It offers software engineering services, including product engineering, system architecture and design, software development, quality assurance, and product re-engineering services; and electronic equipment services that builds, tests, and integrates embedded systems and devices. The company was incorporated in 2001 and is headquartered in Aalborg, Denmark.

Fundamental data was last updated by Penke on 2024-03-13 19:41:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is less efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is fair priced.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of Wirtek A/S.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Wirtek earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Wirtek to the Information Technology Services industry mean.
  • A Net Profit Margin of 4.9% means that kr0.05 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Wirtek A/S:

  • The MRQ is 4.9%. The company is making a profit. +1
  • The TTM is 5.1%. The company is making a profit. +1
Trends
Current periodCompared to+/- 
MRQ4.9%TTM5.1%-0.1%
TTM5.1%YOY9.5%-4.4%
TTM5.1%5Y9.8%-4.8%
5Y9.8%10Y9.5%+0.3%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ4.9%3.7%+1.2%
TTM5.1%3.6%+1.5%
YOY9.5%3.4%+6.1%
5Y9.8%3.4%+6.4%
10Y9.5%3.3%+6.2%
1.1.2. Return on Assets

Shows how efficient Wirtek is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Wirtek to the Information Technology Services industry mean.
  • 2.8% Return on Assets means that Wirtek generated kr0.03 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Wirtek A/S:

  • The MRQ is 2.8%. Using its assets, the company is less efficient in making profit.
  • The TTM is 2.8%. Using its assets, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ2.8%TTM2.8%-0.1%
TTM2.8%YOY5.0%-2.2%
TTM2.8%5Y6.1%-3.2%
5Y6.1%10Y5.7%+0.4%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ2.8%1.3%+1.5%
TTM2.8%1.3%+1.5%
YOY5.0%1.3%+3.7%
5Y6.1%1.3%+4.8%
10Y5.7%1.3%+4.4%
1.1.3. Return on Equity

Shows how efficient Wirtek is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Wirtek to the Information Technology Services industry mean.
  • 5.1% Return on Equity means Wirtek generated kr0.05 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Wirtek A/S:

  • The MRQ is 5.1%. Using its investors money, the company is less efficient in making profit.
  • The TTM is 5.5%. Using its investors money, the company is less efficient in making profit.
Trends
Current periodCompared to+/- 
MRQ5.1%TTM5.5%-0.3%
TTM5.5%YOY12.4%-7.0%
TTM5.5%5Y12.9%-7.4%
5Y12.9%10Y12.8%+0.1%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ5.1%2.8%+2.3%
TTM5.5%2.7%+2.8%
YOY12.4%3.3%+9.1%
5Y12.9%3.2%+9.7%
10Y12.8%3.0%+9.8%

1.2. Operating Efficiency of Wirtek A/S.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Wirtek is operating .

  • Measures how much profit Wirtek makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Wirtek to the Information Technology Services industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Wirtek A/S:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM6.1%-6.1%
TTM6.1%YOY12.1%-6.1%
TTM6.1%5Y9.3%-3.3%
5Y9.3%10Y9.5%-0.1%
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.0%-7.0%
TTM6.1%4.0%+2.1%
YOY12.1%5.7%+6.4%
5Y9.3%5.1%+4.2%
10Y9.5%4.7%+4.8%
1.2.2. Operating Ratio

Measures how efficient Wirtek is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • An Operation Ratio of 1.38 means that the operating costs are kr1.38 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Wirtek A/S:

  • The MRQ is 1.383. The company is inefficient in keeping operating costs low. -1
  • The TTM is 1.153. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.383TTM1.153+0.231
TTM1.153YOY0.886+0.267
TTM1.1535Y0.954+0.199
5Y0.95410Y0.963-0.009
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.3831.133+0.250
TTM1.1531.178-0.025
YOY0.8861.078-0.192
5Y0.9541.121-0.167
10Y0.9631.087-0.124

1.3. Liquidity of Wirtek A/S.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Wirtek is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Information Technology Services industry mean).
  • A Current Ratio of 1.54 means the company has kr1.54 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Wirtek A/S:

  • The MRQ is 1.538. The company is able to pay all its short-term debts. +1
  • The TTM is 1.533. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.538TTM1.533+0.004
TTM1.533YOY1.167+0.367
TTM1.5335Y1.559-0.026
5Y1.55910Y1.481+0.078
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.5381.467+0.071
TTM1.5331.466+0.067
YOY1.1671.584-0.417
5Y1.5591.628-0.069
10Y1.4811.577-0.096
1.3.2. Quick Ratio

Measures if Wirtek is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Wirtek to the Information Technology Services industry mean.
  • A Quick Ratio of 0.94 means the company can pay off kr0.94 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Wirtek A/S:

  • The MRQ is 0.942. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.047. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ0.942TTM1.047-0.104
TTM1.047YOY0.917+0.129
TTM1.0475Y1.180-0.133
5Y1.18010Y1.081+0.098
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.9421.002-0.060
TTM1.0471.010+0.037
YOY0.9171.161-0.244
5Y1.1801.194-0.014
10Y1.0811.162-0.081

1.4. Solvency of Wirtek A/S.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Wirtek assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Wirtek to Information Technology Services industry mean.
  • A Debt to Asset Ratio of 0.46 means that Wirtek assets are financed with 46.2% credit (debt) and the remaining percentage (100% - 46.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Wirtek A/S:

  • The MRQ is 0.462. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.478. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.462TTM0.478-0.016
TTM0.478YOY0.577-0.099
TTM0.4785Y0.531-0.053
5Y0.53110Y0.510+0.021
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4620.502-0.040
TTM0.4780.499-0.021
YOY0.5770.498+0.079
5Y0.5310.506+0.025
10Y0.5100.495+0.015
1.4.2. Debt to Equity Ratio

Measures if Wirtek is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Wirtek to the Information Technology Services industry mean.
  • A Debt to Equity ratio of 85.8% means that company has kr0.86 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Wirtek A/S:

  • The MRQ is 0.858. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.921. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.858TTM0.921-0.063
TTM0.921YOY1.423-0.501
TTM0.9215Y1.188-0.266
5Y1.18810Y1.154+0.033
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8580.938-0.080
TTM0.9210.984-0.063
YOY1.4230.972+0.451
5Y1.1881.046+0.142
10Y1.1541.057+0.097

2. Market Valuation of Wirtek A/S

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Wirtek generates.

  • Above 15 is considered overpriced but always compare Wirtek to the Information Technology Services industry mean.
  • A PE ratio of 23.10 means the investor is paying kr23.10 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Wirtek A/S:

  • The EOD is 22.764. Based on the earnings, the company is fair priced.
  • The MRQ is 23.101. Based on the earnings, the company is fair priced.
  • The TTM is 20.374. Based on the earnings, the company is fair priced.
Trends
Current periodCompared to+/- 
EOD22.764MRQ23.101-0.336
MRQ23.101TTM20.374+2.727
TTM20.374YOY22.558-2.184
TTM20.3745Y35.721-15.347
5Y35.72110Y36.101-0.380
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD22.76415.268+7.496
MRQ23.10112.943+10.158
TTM20.37414.770+5.604
YOY22.55817.385+5.173
5Y35.72118.091+17.630
10Y36.10120.242+15.859
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Wirtek A/S:

  • The EOD is -55.239. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -56.055. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -13.753. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-55.239MRQ-56.055+0.816
MRQ-56.055TTM-13.753-42.303
TTM-13.753YOY-11.754-1.998
TTM-13.7535Y-3.659-10.094
5Y-3.65910Y1.080-4.738
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD-55.2396.559-61.798
MRQ-56.0556.379-62.434
TTM-13.7534.370-18.123
YOY-11.7546.332-18.086
5Y-3.6595.929-9.588
10Y1.0805.680-4.600
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Wirtek is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Information Technology Services industry mean).
  • A PB ratio of 4.74 means the investor is paying kr4.74 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Wirtek A/S:

  • The EOD is 4.675. Based on the equity, the company is fair priced.
  • The MRQ is 4.744. Based on the equity, the company is fair priced.
  • The TTM is 5.595. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD4.675MRQ4.744-0.069
MRQ4.744TTM5.595-0.851
TTM5.595YOY10.842-5.247
TTM5.5955Y13.102-7.507
5Y13.10210Y13.045+0.058
Compared to industry (Information Technology Services)
PeriodCompanyIndustry (mean)+/- 
EOD4.6752.403+2.272
MRQ4.7442.210+2.534
TTM5.5952.324+3.271
YOY10.8422.739+8.103
5Y13.1022.853+10.249
10Y13.0453.305+9.740
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Wirtek A/S compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--0.0370.050-26%0.230-84%0.096-62%0.103-64%
Book Value Per Share--2.1712.121+2%1.614+35%1.171+85%1.076+102%
Current Ratio--1.5381.533+0%1.167+32%1.559-1%1.481+4%
Debt To Asset Ratio--0.4620.478-3%0.577-20%0.531-13%0.510-9%
Debt To Equity Ratio--0.8580.921-7%1.423-40%1.188-28%1.154-26%
Dividend Per Share---0.174-100%0.261-100%0.132-100%0.123-100%
Eps--0.1110.147-24%0.192-42%0.136-18%0.126-12%
Free Cash Flow Per Share---0.0460.059-177%-0.121+163%-0.002-95%0.001-3743%
Free Cash Flow To Equity Per Share---0.046-0.109+137%0.037-226%-0.055+20%-0.050+10%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.323--------
Intrinsic Value_10Y_min---1.164--------
Intrinsic Value_1Y_max---0.174--------
Intrinsic Value_1Y_min---0.171--------
Intrinsic Value_3Y_max---0.492--------
Intrinsic Value_3Y_min---0.471--------
Intrinsic Value_5Y_max---0.772--------
Intrinsic Value_5Y_min---0.719--------
Market Cap78218539.000-1%79374478.00091319181.000-13%128983526.750-38%96307970.368-18%91832931.667-14%
Net Profit Margin--0.0490.051-3%0.095-48%0.098-50%0.095-48%
Operating Margin---0.061-100%0.121-100%0.093-100%0.095-100%
Operating Ratio--1.3831.153+20%0.886+56%0.954+45%0.963+44%
Pb Ratio4.675-1%4.7445.595-15%10.842-56%13.102-64%13.045-64%
Pe Ratio22.764-1%23.10120.374+13%22.558+2%35.721-35%36.101-36%
Price Per Share10.150-1%10.30011.850-13%16.738-38%12.497-18%11.917-14%
Price To Free Cash Flow Ratio-55.239+1%-56.055-13.753-75%-11.754-79%-3.659-93%1.080-5292%
Price To Total Gains Ratio275.417-1%279.488135.026+107%47.749+485%65.917+324%65.656+326%
Quick Ratio--0.9421.047-10%0.917+3%1.180-20%1.081-13%
Return On Assets--0.0280.028-2%0.050-45%0.061-54%0.057-51%
Return On Equity--0.0510.055-6%0.124-59%0.129-60%0.128-60%
Total Gains Per Share--0.0370.224-84%0.490-92%0.228-84%0.226-84%
Usd Book Value--2426140.0002370170.000+2%1803635.244+35%1308702.254+85%1202375.373+102%
Usd Book Value Change Per Share--0.0050.007-26%0.033-84%0.014-62%0.015-64%
Usd Book Value Per Share--0.3150.308+2%0.234+35%0.170+85%0.156+102%
Usd Dividend Per Share---0.025-100%0.038-100%0.019-100%0.018-100%
Usd Eps--0.0160.021-24%0.028-42%0.020-18%0.018-12%
Usd Free Cash Flow---51330.00066373.750-177%-134935.731+163%-2525.579-95%1409.000-3743%
Usd Free Cash Flow Per Share---0.0070.009-177%-0.018+163%0.000-95%0.000-3743%
Usd Free Cash Flow To Equity Per Share---0.007-0.016+137%0.005-226%-0.008+20%-0.007+10%
Usd Market Cap11341688.155-1%11509299.31013241281.245-13%18702611.379-38%13964655.703-18%13315775.092-14%
Usd Price Per Share1.472-1%1.4941.718-13%2.427-38%1.812-18%1.728-14%
Usd Profit--124555.000129702.500-4%214792.705-42%147093.762-15%137372.689-9%
Usd Revenue--2531265.0002571140.000-2%2267699.660+12%1644071.495+54%1553661.591+63%
Usd Total Gains Per Share--0.0050.032-84%0.071-92%0.033-84%0.033-84%
 EOD+3 -5MRQTTM+12 -23YOY+15 -205Y+13 -2210Y+14 -21

3.2. Fundamental Score

Let's check the fundamental score of Wirtek A/S based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-1522.764
Price to Book Ratio (EOD)Between0-14.675
Net Profit Margin (MRQ)Greater than00.049
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.942
Current Ratio (MRQ)Greater than11.538
Debt to Asset Ratio (MRQ)Less than10.462
Debt to Equity Ratio (MRQ)Less than10.858
Return on Equity (MRQ)Greater than0.150.051
Return on Assets (MRQ)Greater than0.050.028
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Wirtek A/S based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.630
Ma 20Greater thanMa 509.933
Ma 50Greater thanMa 1009.687
Ma 100Greater thanMa 2009.531
OpenGreater thanClose10.000
Total3/5 (60.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-09-302022-12-312023-03-312023-06-302023-09-30
Tax Provision  197-17522279301-32269-316-47



Latest Balance Sheet

Balance Sheet of 2023-09-30. Currency in DKK. All numbers in thousands.

Summary
Total Assets31,096
Total Liabilities14,364
Total Stockholder Equity16,732
 As reported
Total Liabilities 14,364
Total Stockholder Equity+ 16,732
Total Assets = 31,096

Assets

Total Assets31,096
Total Current Assets19,948
Long-term Assets11,148
Total Current Assets
Cash And Cash Equivalents 4,165
Net Receivables 12,226
Total Current Assets  (as reported)19,948
Total Current Assets  (calculated)16,391
+/- 3,557
Long-term Assets
Property Plant Equipment 1,199
Goodwill 7,922
Intangible Assets 1,961
Long-term Assets  (as reported)11,148
Long-term Assets  (calculated)11,082
+/- 66

Liabilities & Shareholders' Equity

Total Current Liabilities12,972
Long-term Liabilities1,392
Total Stockholder Equity16,732
Total Current Liabilities
Short Long Term Debt 2,066
Accounts payable 4,794
Other Current Liabilities 6,112
Total Current Liabilities  (as reported)12,972
Total Current Liabilities  (calculated)12,972
+/-0
Long-term Liabilities
Long-term Liabilities Other 1,392
Long-term Liabilities  (as reported)1,392
Long-term Liabilities  (calculated)1,392
+/-0
Total Stockholder Equity
Retained Earnings 13,163
Total Stockholder Equity (as reported)16,732
Total Stockholder Equity (calculated)13,163
+/- 3,569
Other
Capital Stock1,159
Common Stock Shares Outstanding 7,706
Net Invested Capital 18,798
Net Working Capital 6,976
Property Plant and Equipment Gross 1,199



Balance Sheet

Currency in DKK. All numbers in thousands.

 Trend2023-09-302023-06-302023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-09-302020-06-302020-03-312019-12-312019-09-302019-06-302019-03-312018-12-312018-06-302018-03-312017-12-312017-06-302016-12-312016-06-302015-12-312015-06-302014-12-312014-06-302013-12-312013-06-302012-12-312012-06-302011-12-312011-06-302010-12-312010-06-302009-12-312009-06-302008-12-312007-12-312006-09-302005-09-30
> Total Assets 
9,824
28,964
16,554
9,137
5,525
2,248
2,430
1,325
1,589
1,559
1,962
4,584
3,012
2,692
2,857
2,992
3,787
3,630
3,890
4,354
4,199
4,870
0
7,096
6,840
6,302
6,302
0
8,081
9,115
10,546
9,478
13,998
13,241
17,617
20,401
26,679
31,113
29,764
29,842
30,146
29,904
34,453
31,096
31,09634,45329,90430,14629,84229,76431,11326,67920,40117,61713,24113,9989,47810,5469,1158,08106,3026,3026,8407,09604,8704,1994,3543,8903,6303,7872,9922,8572,6923,0124,5841,9621,5591,5891,3252,4302,2485,5259,13716,55428,9649,824
   > Total Current Assets 
0
0
0
7,744
4,735
2,000
2,258
1,301
1,589
1,552
1,934
1,555
2,770
2,512
2,633
2,596
3,213
3,103
3,380
3,927
3,963
4,651
0
6,554
6,129
5,355
5,355
7,572
7,572
8,602
9,891
8,836
13,526
12,786
9,768
12,649
16,489
20,930
19,977
20,283
20,600
20,143
23,807
19,948
19,94823,80720,14320,60020,28319,97720,93016,48912,6499,76812,78613,5268,8369,8918,6027,5727,5725,3555,3556,1296,55404,6513,9633,9273,3803,1033,2132,5962,6332,5122,7701,5551,9341,5521,5891,3012,2582,0004,7357,744000
       Cash And Cash Equivalents 
0
0
0
2,720
1,757
627
935
147
144
108
257
352
1,059
985
950
715
692
1,011
486
1,631
1,043
1,242
0
1,308
2,067
1,084
1,084
0
2,358
3,705
4,544
4,117
3,892
5,374
0
0
4,803
6,526
6,492
3,264
5,118
6,961
5,166
4,165
4,1655,1666,9615,1183,2646,4926,5264,803005,3743,8924,1174,5443,7052,35801,0841,0842,0671,30801,2421,0431,6314861,0116927159509851,0593522571081441479356271,7572,720000
       Net Receivables 
2,906
5,870
5,143
5,024
0
1,373
0
1,154
0
1,194
0
803
0
1,128
0
1,381
0
1,592
0
1,796
0
2,908
0
0
0
3,771
3,220
4,415
3,282
4,097
4,547
3,795
6,527
4,522
6,868
7,603
8,161
9,689
9,324
12,760
10,557
8,528
13,685
12,226
12,22613,6858,52810,55712,7609,3249,6898,1617,6036,8684,5226,5273,7954,5474,0973,2824,4153,2203,7710002,90801,79601,59201,38101,128080301,19401,15401,37305,0245,1435,8702,906
       Other Current Assets 
0
567
482
5,024
2,978
1,373
1,323
1,154
1,445
1,444
1,677
1,203
1,711
1,528
1,683
1,881
2,521
2,092
2,894
2,296
2,920
3,408
0
5,246
4,062
500
4,271
800
5,215
4,897
5,347
4,719
9,634
7,412
9,768
12,649
11,659
1
-1
-1
0
0
2,800
0
02,80000-1-1111,65912,6499,7687,4129,6344,7195,3474,8975,2158004,2715004,0625,24603,4082,9202,2962,8942,0922,5211,8811,6831,5281,7111,2031,6771,4441,4451,1541,3231,3732,9785,0244825670
   > Long-term Assets 
0
0
0
1,393
790
248
172
24
0
7
28
3,029
242
179
224
396
574
528
510
426
236
220
0
542
711
0
947
0
508
513
655
642
472
455
7,849
7,752
10,190
10,184
9,786
9,559
9,546
9,760
10,646
11,148
11,14810,6469,7609,5469,5599,78610,18410,1907,7527,8494554726426555135080947071154202202364265105285743962241792423,0292870241722487901,393000
       Property Plant Equipment 
301
360
595
403
222
86
27
4
0
7
23
16
204
21
208
18
205
171
177
118
18
70
0
238
163
336
336
178
178
309
177
171
208
196
287
476
803
914
895
917
862
763
1,117
1,199
1,1991,11776386291789591480347628719620817117730917817833633616323807018118177171205182082120416237042786222403595360301
       Goodwill 
0
0
2,101
64
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
200
453
452
452
0
200
200
345
341
134
131
7,434
7,148
9,260
9,115
0
8,504
8,268
8,134
8,028
7,922
7,9228,0288,1348,2688,50409,1159,2607,1487,43413113434134520020004524524532000000000000000000000642,10100
       Intangible Assets 
0
574
2,759
335
0
31
0
3
0
0
0
0
0
0
0
45
0
324
0
276
123
57
0
10
3
1
1
0
1
4
4
3
3
3
2
2
2
2
0
2
291
511
1,434
1,961
1,9611,43451129120222233344101131005712327603240450000000303103352,7595740
       Long-term Assets Other 
0
0
0
655
483
131
131
17
0
0
0
3,013
8
158
0
333
31
33
32
32
95
93
0
94
94
0
158
0
130
513
129
127
127
125
126
126
125
153
125
136
125
352
0
-1
-103521251361251531251261261251271271295131300158094940939532323331333015883,01300017131131483655000
> Total Liabilities 
4,428
3,198
3,739
4,508
3,586
1,324
1,164
1,052
1,032
1,196
1,349
3,540
1,465
1,101
1,404
1,185
2,120
1,821
1,721
2,067
2,479
2,449
0
4,444
3,861
3,537
3,537
0
4,375
4,639
6,462
4,657
6,549
4,360
11,097
12,287
17,268
19,681
16,043
14,650
14,502
13,344
18,005
14,364
14,36418,00513,34414,50214,65016,04319,68117,26812,28711,0974,3606,5494,6576,4624,6394,37503,5373,5373,8614,44402,4492,4792,0671,7211,8212,1201,1851,4041,1011,4653,5401,3491,1961,0321,0521,1641,3243,5864,5083,7393,1984,428
   > Total Current Liabilities 
4,409
3,198
3,739
4,508
3,586
1,324
1,164
1,052
1,032
896
1,048
3,540
1,465
1,101
1,404
1,185
2,120
1,821
1,721
2,067
2,479
2,449
0
4,444
3,861
3,537
3,537
4,347
4,347
4,639
6,462
4,657
6,488
4,360
10,341
11,907
17,202
19,615
15,977
14,584
14,439
11,605
16,612
12,972
12,97216,61211,60514,43914,58415,97719,61517,20211,90710,3414,3606,4884,6576,4624,6394,3474,3473,5373,5373,8614,44402,4492,4792,0671,7211,8212,1201,1851,4041,1011,4653,5401,0488961,0321,0521,1641,3243,5864,5083,7393,1984,409
       Short-term Debt 
0
0
0
0
3,332
0
998
670
796
648
780
0
0
0
0
0
1,583
0
1,423
1,362
2,031
1,919
0
3,464
2,532
0
2,625
0
3,582
3,803
5,641
0
0
0
1,329
922
3,988
3,975
7,627
5,251
2,999
3,093
0
0
003,0932,9995,2517,6273,9753,9889221,3290005,6413,8033,58202,62502,5323,46401,9192,0311,3621,42301,5830000078064879667099803,3320000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,625
0
3,582
3,803
5,641
0
0
0
1,329
922
3,988
3,975
7,627
5,251
2,999
3,093
2,819
2,066
2,0662,8193,0932,9995,2517,6273,9753,9889221,3290005,6413,8033,58202,62500000000000000000000000000
       Accounts payable 
209
577
431
4,508
0
1,324
0
382
0
248
268
241
347
314
284
263
537
523
298
705
448
495
0
980
1,185
912
912
765
765
836
821
1,112
1,170
974
1,936
6,882
1,859
3,741
2,556
3,253
3,386
5,337
6,945
4,794
4,7946,9455,3373,3863,2532,5563,7411,8596,8821,9369741,1701,1128218367657659129121,1859800495448705298523537263284314347241268248038201,32404,508431577209
       Other Current Liabilities 
4,200
2,621
3,308
3,935
254
852
166
382
236
248
0
3,298
1,118
787
1,120
922
0
1,298
0
1,362
0
34
0
0
143
2,625
2,625
3,582
3,582
3,803
5,641
3,545
5,319
3,386
7,076
4,103
11,354
11,899
5,794
6,080
8,054
3,175
6,848
6,112
6,1126,8483,1758,0546,0805,79411,89911,3544,1037,0763,3865,3193,5455,6413,8033,5823,5822,6252,625143003401,36201,29809221,1207871,1183,29802482363821668522543,9353,3082,6214,200
   > Long-term Liabilities 
0
0
0
0
0
0
0
0
0
300
301
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28
0
0
0
61
0
756
380
66
66
66
66
63
1,739
1,393
1,392
1,3921,3931,73963666666663807560610002800000000000000000301300000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
300
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28
28
0
0
0
61
0
756
379
66
66
66
66
0
0
1,393
0
01,3930066666666379756061000282800000000000000000300000000000
> Total Stockholder Equity
5,396
25,766
12,815
4,629
1,939
924
1,266
273
557
363
613
1,044
1,547
1,591
1,453
1,807
1,667
1,809
2,169
2,287
1,720
2,421
2,421
2,651
2,979
2,765
2,765
0
3,706
4,476
4,083
4,821
7,449
8,881
6,520
8,114
9,410
11,432
13,721
15,192
15,644
16,560
16,448
16,732
16,73216,44816,56015,64415,19213,72111,4329,4108,1146,5208,8817,4494,8214,0834,4763,70602,7652,7652,9792,6512,4212,4211,7202,2872,1691,8091,6671,8071,4531,5911,5471,0446133635572731,2669241,9394,62912,81525,7665,396
   Common Stock
600
2,941
2,981
2,981
2,981
2,981
1,865
1,865
960
960
960
960
960
960
960
1,035
1,035
1,035
1,035
1,035
1,035
1,035
0
1,035
1,035
1,035
1,035
1,035
1,035
1,035
1,035
1,035
1,035
1,035
1,087
1,087
1,087
1,087
1,119
1,119
1,119
1,119
1,159
0
01,1591,1191,1191,1191,1191,0871,0871,0871,0871,0351,0351,0351,0351,0351,0351,0351,0351,0351,0351,03501,0351,0351,0351,0351,0351,0351,0359609609609609609609601,8651,8652,9812,9812,9812,9812,941600
   Retained Earnings 
4,796
22,825
10,319
1,648
-145
-2,057
447
-1,592
552
-597
690
1,179
1,698
1,183
1,598
1,293
1,764
774
2,263
630
-1,145
765
0
2,691
1,185
2,867
2,867
2,670
1,566
3,441
3,048
3,772
5,033
7,895
6,837
8,447
5,643
11,766
10,178
11,649
11,391
12,307
12,155
13,163
13,16312,15512,30711,39111,64910,17811,7665,6438,4476,8377,8955,0333,7723,0483,4411,5662,6702,8672,8671,1852,6910765-1,1456302,2637741,7641,2931,5981,1831,6981,179690-597552-1,592447-2,057-1451,64810,31922,8254,796
   Capital Surplus 00000000000000000000000000000000000000000000
   Treasury Stock00000000000000000000000000000000000000000000
   Other Stockholders Equity 
0
0
0
1,460
-897
1,463
-1,046
1,544
-955
517
-1,037
-1,092
-1,111
-536
-1,105
-484
-1,132
471
-1,129
1,258
1,830
1,250
0
-1,075
1,026
-1,137
-1,137
0
1,508
0
0
14
1,866
-49
-1,404
-1,420
2,681
-1,421
2,424
2,424
3,134
3,134
0
0
003,1343,1342,4242,424-1,4212,681-1,420-1,404-491,86614001,5080-1,137-1,1371,026-1,07501,2501,8301,258-1,129471-1,132-484-1,105-536-1,111-1,092-1,037517-9551,544-1,0461,463-8971,460000



Balance Sheet

Currency in DKK. All numbers in thousands.




Cash Flow

Currency in DKK. All numbers in thousands.




Income Statement

Currency in DKK. All numbers in thousands.


Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue70,928
Cost of Revenue-33,098
Gross Profit37,83037,830
 
Operating Income (+$)
Gross Profit37,830
Operating Expense-66,103
Operating Income4,825-28,273
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense66,1030
 
Net Interest Income (+$)
Interest Income-
Interest Expense-1,075
Other Finance Cost-384
Net Interest Income-691
 
Pretax Income (+$)
Operating Income4,825
Net Interest Income-691
Other Non-Operating Income Expenses-
Income Before Tax (EBT)4,1344,825
EBIT - interestExpense = -1,075
3,588
4,663
Interest Expense1,075
Earnings Before Interest and Taxes (EBIT)-5,209
Earnings Before Interest and Taxes (EBITDA)-
 
After tax Income (+$)
Income Before Tax4,134
Tax Provision-545
Net Income From Continuing Ops3,5893,589
Net Income3,588
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-691
 

Technical Analysis of Wirtek
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Wirtek. The general trend of Wirtek is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Wirtek's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Wirtek A/S.

The long score for the Support & Resistance is 1/1.
The longshort score for the Support & Resistance is 1/(-1 +1).

  • Around support: The price is currently trading around a support level. This can be considered as a potential entry level. +1

The bullish price targets are: 10.80 < 10.80 < 11.40.

The bearish price targets are: 10 > 10 > 9.98.

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Wirtek A/S Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Wirtek A/S. The current mas is .

The long score for the Moving Averages is 10/14.
The longshort score for the Moving Averages is 6/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Wirtek A/S Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Wirtek A/S. The current macd is 0.2760271.

The long score for the Moving Average Convergence/Divergence (MACD) is 3/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 2/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Wirtek price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Wirtek. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Wirtek price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Wirtek A/S Daily Moving Average Convergence/Divergence (MACD) ChartWirtek A/S Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Wirtek A/S. The current adx is 31.22.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Wirtek shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
Wirtek A/S Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Wirtek A/S. The current sar is 11.40.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
Wirtek A/S Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Wirtek A/S. The current rsi is 52.63. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 3/13.
The longshort score for the Relative Strength Index (RSI) is 3/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Wirtek A/S Daily Relative Strength Index (RSI) ChartWirtek A/S Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Wirtek A/S. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Wirtek price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Wirtek A/S Daily Stochastic Oscillator ChartWirtek A/S Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Wirtek A/S. The current cci is 29.03.

Wirtek A/S Daily Commodity Channel Index (CCI) ChartWirtek A/S Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Wirtek A/S. The current cmo is -0.22710281.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Wirtek A/S Daily Chande Momentum Oscillator (CMO) ChartWirtek A/S Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Wirtek A/S. The current willr is -53.41880342.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Wirtek is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Wirtek A/S Daily Williams %R ChartWirtek A/S Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of Wirtek A/S.

Wirtek A/S Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Wirtek A/S. The current atr is 0.45732941.

Wirtek A/S Daily Average True Range (ATR) ChartWirtek A/S Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Wirtek A/S. The current obv is -251,820.

Wirtek A/S Daily On-Balance Volume (OBV) ChartWirtek A/S Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Wirtek A/S. The current mfi is 64.68.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
Wirtek A/S Daily Money Flow Index (MFI) ChartWirtek A/S Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Wirtek A/S.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-07DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-09SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-13DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-15STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-20MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-11-21STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-22CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-11-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-28DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-29STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-07STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-14STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-19CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-22SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-12-27STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-28STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-29MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-02MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-05SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-01-08MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-17MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-23DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-01-25MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-30STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-01-31STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-07STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-09STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-15STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-02-21STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-22BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-26STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-01STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-04CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-05WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-06STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-11MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-13MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-14ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-15RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-19WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-20RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-22STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-27SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside

6.3. Candlestick Patterns

Wirtek A/S Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Wirtek A/S based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5052.630
Ma 20Greater thanMa 509.933
Ma 50Greater thanMa 1009.687
Ma 100Greater thanMa 2009.531
OpenGreater thanClose10.000
Total3/5 (60.0%)
Penke

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