(VIANEWS) – Shares of DNO (Oslo Børs Benchmark Index_GI: DNO.OL) jumped by a staggering 15.29% in 5 sessions from kr10.27 to kr11.84 at 02:35 EST on Monday, after two consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI is sliding 0.51% to kr1,195.23, after two successive sessions in a row of losses.
About DNO
DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East and the North Sea. Its flagship project is the Tawke field that is located in the Kurdistan region of Iraq. As of December 31, 2021, its proven reserves consisted of 196.1 million barrels of oil equivalent (MMboe); proven and probable reserves included 321.4 MMboe; and proven, probable, and possible reserves consisted of 420.6 MMboe. The company was incorporated in 1971 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, DNO has a trailing twelve months EPS of kr-2.43.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, DNO’s stock is considered to be overbought (>=80).
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