(VIANEWS) – Shares of MAGNORA (Oslo Børs Benchmark Index_GI: MGN.OL) rose by a staggering 28.51% in 21 sessions from kr22.1 to kr28.40 at 14:41 EST on Monday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is dropping 0.29% to kr1,215.57, after three sequential sessions in a row of losses.
MAGNORA’s last close was kr28.40, 4.86% under its 52-week high of kr29.85.
About MAGNORA
Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr0.75.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 37.87. Meaning, the purchaser of the share is investing kr37.87 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 10.56%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 331.6%, now sitting on 104.3M for the twelve trailing months.
Sales Growth
MAGNORA’s sales growth for the next quarter is 1016.9%.
Earnings Before Interest, Taxes, Depreciation, and Amortization
MAGNORA’s EBITDA is 17.24.
More news about MAGNORA (MGN.OL).
