(VIANEWS) – Shares of SIEM OFFSHORE (Oslo Børs Benchmark Index_GI: SIOFF.OL) rose by a staggering 23.52% in 10 sessions from kr16.88 to kr20.85 at 14:39 EST on Thursday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is dropping 0.02% to kr1,215.44, after two sequential sessions in a row of gains.
SIEM OFFSHORE’s last close was kr21.10, 9.21% 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 kr0.35.
PE Ratio
SIEM OFFSHORE has a trailing twelve months price to earnings ratio of 59.57. Meaning, the purchaser of the share is investing kr59.57 for every norwegian krone of annual earnings.
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%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SIEM OFFSHORE’s stock is considered to be overbought (>=80).
Revenue Growth
Year-on-year quarterly revenue growth declined by 1.4%, now sitting on 274.31M for the twelve trailing months.
Moving Average
SIEM OFFSHORE’s value is way above its 50-day moving average of kr17.00 and way higher than its 200-day moving average of kr13.58.
More news about SIEM OFFSHORE (SIOFF.OL).
