(VIANEWS) – The Market ended the session with ARCHER (ARCH.OL) rising 11.13% to kr1.16 on Monday while Oslo Børs Benchmark Index_GI rose 1.37% to kr1,390.11.
ARCHER’s last close was kr1.04, 79.85% under its 52-week high of kr5.17.
About ARCHER
Archer Limited, together with its subsidiaries, provides various oilfield products and services to the oil and gas industry in Norway, Argentina, the United Kingdom, and internationally. The company operates in three segments: Platform Operations, Well Services, and Land Drilling. It provides oil tools, wireline services, and coil tubing and pumping services, as well as well construction and completion, well intervention and workover, slot recovery, well plug and abandonment, and surface, geothermal, and CCUS applications. It also offers platform drilling, plug and abandonment/decommissioning, modular drilling rigs, and mobile offshore drilling unit management services comprising project management consultancy, engineering and operations, and maintenance to rig owners, investors, and operating companies, as well as drill pipe pool and integrated services. In addition, the company provides engineering services, such as project management, construction and installations, multidiscipline engineering, consulting, and inspection services; and land drilling and directional drilling services. Further, it offers equipment rental, production monitoring, well imaging, and integrity management tools. Additionally, the company owns and operates onshore drilling and service rigs. The company was formerly known as Seawell Limited and changed its name to Archer Limited in May 2011. Archer Limited was incorporated in 2007 and is headquartered in Sandnes, Norway.
Earnings Per Share
As for profitability, ARCHER has a trailing twelve months EPS of kr-0.22.
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 -14.89%.
Moving Average
ARCHER’s value is way above its 50-day moving average of kr0.89 and way below its 200-day moving average of kr2.17.
Yearly Top and Bottom Value
ARCHER’s stock is valued at kr1.16 at 22:30 EST, way below its 52-week high of kr5.17 and way higher than its 52-week low of kr0.76.
Volume
Today’s last reported volume for ARCHER is 10337400 which is 86.2% above its average volume of 5551610.
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