(VIANEWS) – The Market ended the session with OCEANTEAM (OTS.OL) jumping 9.19% to kr1.49 on Wednesday while Oslo Børs Benchmark Index_GI fell 1.03% to kr1,271.16.
OCEANTEAM’s last close was kr1.36, 32.34% below its 52-week high of kr2.01.
About OCEANTEAM
Oceanteam ASA operates as a subsea and offshore services company in Europe. It provides equipment for offshore cable laying, umbilical installations, and on- and offshore storage and transport. The company also rents turntables, tensioners, reels, demountable turntable systems, and other cable handling and storage equipment, as well as offers cable and umbilical storage, and handling solutions. It serves renewable energy, and oil and gas industries. The company was formerly known as Oceanteam Shipping ASA and changed its name to Oceanteam ASA in December 2015. Oceanteam ASA was incorporated in 2005 and is headquartered in Bærum, Norway.
Earnings Per Share
As for profitability, OCEANTEAM has a trailing twelve months EPS of kr-0.3.
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 negative -13.62%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 33.3%, now sitting on 70k for the twelve trailing months.
Volume
Today’s last reported volume for OCEANTEAM is 12001 which is 66.75% below its average volume of 36104.
Volatility
OCEANTEAM’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.05%, a negative 0.08%, and a positive 5.66%.
OCEANTEAM’s highest amplitude of average volatility was 8.21% (last week), 6.15% (last month), and 5.66% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, OCEANTEAM’s stock is considered to be overbought (>=80).
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