TGS Stock Over 12% Down So Far Today

(VIANEWS) – Shares of TGS (Oslo Børs Benchmark Index_GI: TGS.OL) fell by a staggering 12.5% to kr138.60 at 14:39 EST on Monday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is dropping 0.02% to kr1,198.70, following the last session’s upward trend. This seems, at the moment, a somewhat down trend exchanging session today.

TGS’s last close was kr158.40, 22.81% under its 52-week high of kr205.20.

About TGS

TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include depth and time imaging; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, TGS has a trailing twelve months EPS of kr5.24.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 26.45. Meaning, the purchaser of the share is investing kr26.45 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 5.01%.

Volume

Today’s last reported volume for TGS is 784723 which is 97.05% above its average volume of 398226.

Earnings Before Interest, Taxes, Depreciation, and Amortization

TGS’s EBITDA is 24.09.

Moving Average

TGS’s worth is way below its 50-day moving average of kr167.21 and way below its 200-day moving average of kr156.03.

More news about TGS (TGS.OL).

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