(VIANEWS) – The Market ended the session with ODFJELL TECHNOLOGY (OTL.OL) rising 11.64% to kr61.40 on Friday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI rose 0.94% to kr1,264.02, after two successive sessions in a row of gains, on what was a somewhat bullish trend trading session today.
ODFJELL TECHNOLOGY’s last close was kr55.00, 12.56% below its 52-week high of kr62.90.
About ODFJELL TECHNOLOGY
Odfjell Technology Ltd., a technology and engineering company, provides well, drilling, and engineering services in Norway, Europe, Asia, the United Kingdom, and internationally. The company operates through three segments: Well Services; Operations; and Projects & Engineering. The Well Services segment provides casing and tubular running services, including automated and conventional; drilling tool and tubular rental services; and specialist well intervention products and services for exploration wells and for production. The Operations segment engages in the production of drilling and well completion on client's rigs. This segment is also involved in the slot recovery, plug and abandonment, work-overs, and maintenance activities; and provision of platform drilling services on both fixed production platforms and on floating production platforms with subsea blowout preventers along with the management and performance of the services on leased Jack-up rigs. The Projects & Engineering segment offers engineering and integrity services, including design and engineering to building supervision; and project management and operational support for units in operation, newbuild projects, and SPS/RS recertification projects and yard stays. The company was founded in 1973 and is headquartered in Aberdeen, the United Kingdom.
Earnings Per Share
As for profitability, ODFJELL TECHNOLOGY has a trailing twelve months EPS of kr7.92.
PE Ratio
ODFJELL TECHNOLOGY has a trailing twelve months price to earnings ratio of 7.75. Meaning, the purchaser of the share is investing kr7.75 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 34.07%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 28.1%, now sitting on 4.81B for the twelve trailing months.
Earnings Before Interest, Taxes, Depreciation, and Amortization
ODFJELL TECHNOLOGY’s EBITDA is 23.06.
Moving Average
ODFJELL TECHNOLOGY’s value is way above its 50-day moving average of kr55.09 and way above its 200-day moving average of kr51.36.
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