(VIANEWS) – The Market ended the session with PETROLIA (PSE.OL) jumping 12.22% to kr5.05 on Tuesday, after two successive sessions in a row of losses. Oslo Børs Benchmark Index_GI slid 0.47% to kr1,410.46, following the last session’s upward trend on what was a somewhat negative trend trading session today.
PETROLIA’s last close was kr4.50, 18.18% under its 52-week high of kr5.50.
About PETROLIA
Petrolia SE, together with its subsidiaries, sells and rents energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia. It operates in two segments, Energy and Energy Service. The company engages in the exploration and production of oil and gas, as well as production of hydrogen and ammonia. It also offers drill pipes, test strings and tubing, and other equipment, as well as casing, handling, and auxiliary tools; and equipment inspection and maintenance services. In addition, the company offers casing and tubing running, drilling, and make and brake services. It serves energy companies, drilling contractors, and energy service companies. The company was formerly known as Petrolia E&P Holdings SE and changed its name to Petrolia SE in January 2013. Petrolia SE was founded in 1997 and is based in Limassol, Cyprus.
Earnings Per Share
As for profitability, PETROLIA has a trailing twelve months EPS of kr0.32.
PE Ratio
PETROLIA has a trailing twelve months price to earnings ratio of 15.78. Meaning, the purchaser of the share is investing kr15.78 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 4.43%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, PETROLIA’s stock is considered to be overbought (>=80).
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