OCEANTEAM Stock Went Down By Over 10% At Session Start Today

(VIANEWS) – Shares of OCEANTEAM (Oslo Børs Benchmark Index_GI: OTS.OL) slid by a staggering 10.34% to kr1.30 at 10:39 EST on Thursday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is sliding 0.38% to kr1,173.75, after three consecutive sessions in a row of gains. This seems, up until now, a somewhat bearish trend exchanging session today.

OCEANTEAM’s last close was kr1.45, 74.47% under its 52-week high of kr5.68.

About OCEANTEAM

Oceanteam ASA operates as a subsea and offshore services company in Europe. It provides equipment for offshore cable laying, umbilical installations, handling of subsea cables, and on- and offshore storage and transport. The company also rents turntables, tensioners, reels, demountable carousels, and other cable handling equipment. It serves renewable, and oil and gas industries. The company was formerly known as Oceanteam Shipping ASA and changed its name to Oceanteam ASA in December 2015. Oceanteam ASA was incorporated in 2005 and is headquartered in Bærum, Norway.

Earnings Per Share

As for profitability, OCEANTEAM has a trailing twelve months EPS of kr-11.078.

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 -13.71%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 57.7%, now sitting on 3.74M for the twelve trailing months.

Volume

Today’s last reported volume for OCEANTEAM is 1001 which is 98.85% below its average volume of 87367.

Yearly Top and Bottom Value

OCEANTEAM’s stock is valued at kr1.30 at 10:39 EST, way below its 52-week high of kr5.68 and above its 52-week low of kr1.26.

More news about OCEANTEAM (OTS.OL).

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