(VIANEWS) – Shares of PGS (Oslo Børs All-share Index_GI: PGS.OL) jumped by a staggering 33.98% in 21 sessions from 7.18 kr to 9.62 kr at 22:43 EST on Thursday, following the last session’s upward trend. Oslo Børs All-share Index_GI is falling 0.2% to 1,413.04 kr, after two consecutive sessions in a row of losses.
PGS’s last close was 9.05 kr, 2.69% below its 52-week high of 9.30 kr.
About PGS
PGS ASA, together with its subsidiaries, operates as a marine geophysical company primarily in Norway. The company provides a range of seismic and reservoir services, including data acquisition, imaging, interpretation, and field evaluation to oil and gas companies. It also operates in the Asia Pacific, Canada, Egypt, the Americas, Angola, the United Kingdom, Ukraine, Brazil, South Africa, other African countries, the Middle East, and internationally. The company was formerly known as Petroleum Geo-Services ASA and changed its name to PGS ASA in May 2019. PGS ASA was founded in 1991 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PGS has a trailing twelve months EPS of -5.26 kr.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -8.68%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, PGS’s stock is considered to be oversold (<=20).
Volume
Today’s last reported volume for PGS is 18009837 which is 11.06% above its average volume of 16215000.
More news about PGS (PGS.OL).
