SIEM OFFSHORE Stock Bullish By 9% So Far On Thursday

(VIANEWS) – Shares of SIEM OFFSHORE (Oslo Børs Benchmark Index_GI: SIOFF.OL) jumped 9.69% to kr22.65 at 11:37 EST on Thursday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is jumping 0.74% to kr1,212.88, following the last session’s upward trend. This seems, up to now, a somewhat bullish trend exchanging session today.

SIEM OFFSHORE’s last close was kr20.65, 12.68% under its 52-week high of kr23.65.

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, Northern Pacific Ocean, Southeast Asia, and West Africa. Siem Offshore Inc. 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 kr1.39.

PE Ratio

SIEM OFFSHORE has a trailing twelve months price to earnings ratio of 16.29. Meaning, the purchaser of the share is investing kr16.29 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%.

Revenue Growth

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

Earnings Before Interest, Taxes, Depreciation, and Amortization

SIEM OFFSHORE’s EBITDA is 586.54.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SIEM OFFSHORE’s stock is considered to be oversold (<=20).

More news about SIEM OFFSHORE (SIOFF.OL).

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