SIEM OFFSHORE Stock Bullish Momentum With A 30% Rise In The Last 21 Sessions

(VIANEWS) – Shares of SIEM OFFSHORE (Oslo Børs Benchmark Index_GI: SIOFF.OL) rose by a staggering 30.27% in 21 sessions from kr17.54 to kr22.85 at 17:46 EST on Wednesday, after five sequential sessions in a row of gains. Oslo Børs Benchmark Index_GI is dropping 0.51% to kr1,195.23, following the last session’s downward trend.

SIEM OFFSHORE’s last close was kr20.70, 7.14% above its 52-week high of kr19.32.

About SIEM OFFSHORE

Siem Offshore Inc., together with its subsidiaries, owns and operates offshore support vessels for the offshore energy service industry and offshore renewables market. It operates platform supply vessels (PSVs); offshore subsea construction vessels (OSCVs); anchor-handling tug supply vessels (AHTS vessels); multipurpose field and ROV support vessels; scientific core drilling vessels (SCDVs); well intervention vessels (WIVs); and other vessels, including fast crew, fast supply, and oilspill recovery vessels. The company has a fleet of 28 vessels, which includes six PSVs, four OSCVs, eight AHTS vessels, two WIVs, one SCDV, five smaller Brazilian flagged vessels, and one Canadian flagged vessel comprising an AHTS vessel. It operates in Norway, North Sea, Brazil, Australia, Canada, the Arctic Ocean, Northern Pacific Ocean, Southeast Asia, and West Africa. The company was founded in 2005 and is headquartered in Kristiansand, Norway.

Earnings Per Share

As for profitability, SIEM OFFSHORE has a trailing twelve months EPS of kr-2.66.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 7.93%.

Sales Growth

SIEM OFFSHORE’s sales growth for the next quarter is negative 29.7%.

Revenue Growth

Year-on-year quarterly revenue growth declined by 1.4%, now sitting on 274.31M for the twelve trailing months.

Volume

Today’s last reported volume for SIEM OFFSHORE is 1407904 which is 127.62% above its average volume of 618515.

More news about SIEM OFFSHORE (SIOFF.OL).

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