PETROLIA Stock Bullish By 10% So Far Today

(VIANEWS) – Shares of PETROLIA (Oslo Børs Benchmark Index_GI: PSE.OL) jumped by a staggering 10.37% to kr4.15 at 11:38 EST on Thursday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is jumping 0.13% to kr1,239.63, following the last session’s downward trend. This seems, so far, a somewhat bullish trend exchanging session today.

PETROLIA’s last close was kr3.76, 60.42% below its 52-week high of kr9.50.

About PETROLIA

Petrolia SE, together with its subsidiaries, sells and rents energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia. It operates through two segments, Energy and Energy Service. The company engages in the exploration and production of oil and gas, as well as produces hydrogen and ammonia. It also offers drill pipes, test strings and tubing, and other equipment, as well as casing, handling, and auxiliary tools; and equipment inspection and maintenance services. In addition, the company offers casing and tubing running, drilling, and make and brake services. It serves energy companies, drilling contractors, and energy service companies. The company was formerly known as Petrolia E&P Holdings SE and changed its name to Petrolia SE in January 2013. Petrolia SE was founded in 1997 and is based in Limassol, Cyprus.

Earnings Per Share

As for profitability, PETROLIA has a trailing twelve months EPS of kr-0.32.

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 -1.9%.

Volatility

PETROLIA’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.62%, a negative 0.36%, and a positive 2.95%.

PETROLIA’s highest amplitude of average volatility was 5.33% (last week), 4.12% (last month), and 2.95% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, PETROLIA’s stock is considered to be overbought (>=80).

More news about PETROLIA (PSE.OL).

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