(VIANEWS) – Shares of SOLSTAD OFFSHORE (Oslo Børs Benchmark Index_GI: SOFF.OL) fell by a staggering 28.68% in 21 sessions from kr32.22 to kr22.98 at 17:37 EST on Monday, after two consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI is rising 0.71% to kr1,213.09, following the last session’s upward trend.
SOLSTAD OFFSHORE’s last close was kr22.30, 57.12% under its 52-week high of kr52.00.
About SOLSTAD OFFSHORE
Solstad Offshore ASA operates offshore service vessels and maritime services to offshore energy industry. It owns and operates platform supply vessel, anchor handling tug support vessel, and construction service vessels. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, 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 27 construction service vessels, 20 anchor handling tug support vessels, and 39 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 kr-14.15.
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 -46.22%.
Moving Average
SOLSTAD OFFSHORE’s value is way under its 50-day moving average of kr32.36 and way under its 200-day moving average of kr30.99.
Sales Growth
SOLSTAD OFFSHORE’s sales growth for the current quarter is 25.7%.
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