(VIANEWS) – Shares of SOLSTAD OFFSHORE (Oslo Børs Benchmark Index_GI: SOFF.OL) fell by a staggering 11.02% to kr42.00 at 10:39 EST on Tuesday, after two consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI is falling 0.09% to kr1,254.24, after five sequential sessions in a row of gains. This seems, at the moment, a somewhat down trend exchanging session today.
SOLSTAD OFFSHORE’s last close was kr47.20, 9.23% under its 52-week high of kr52.00.
About SOLSTAD OFFSHORE
Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry worldwide. It provides platform supply vessel, anchor handling vessel, subsea construction, and renewable energy services. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, deep sea mining, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work. It operates a fleet of 25 construction service vessels, 26 anchor handling tug support vessels, and 45 platform supply vessels. The company was founded in 1964 and is headquartered in Skudeneshavn, Norway.
Earnings Per Share
As for profitability, SOLSTAD OFFSHORE has a trailing twelve months EPS of kr24773.9.
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 -46.02%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 59.4%, now sitting on 6.49B for the twelve trailing months.
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