(VIANEWS) – The Market ended the session with SCATEC (SCATC.OL) rising 15.75% to kr64.30 on Thursday, after three consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI rose 0.83% to kr1,291.81, after four successive sessions in a row of gains, on what was a somewhat bullish trend trading session today.
SCATEC’s last close was kr55.55, 40.52% below its 52-week high of kr93.40.
About SCATEC
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SCATEC has a trailing twelve months EPS of kr0.21.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 306.19. Meaning, the purchaser of the share is investing kr306.19 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 2.17%.
Volatility
SCATEC’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.87%, a negative 0.42%, and a positive 1.99%.
SCATEC’s highest amplitude of average volatility was 1.09% (last week), 2.78% (last month), and 1.99% (last quarter).
Growth Estimates Quarters
The company’s growth estimates for the present quarter is a negative 85.6% and positive 117.3% for the next.
Volume
Today’s last reported volume for SCATEC is 1012870 which is 156.13% above its average volume of 395438.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Apr 19, 2023, the estimated forward annual dividend rate is 1.94 and the estimated forward annual dividend yield is 3.36%.
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