(VIANEWS) – The Market ended the session with PETROLIA (PSE.OL) rising 9.8% to kr5.60 on Tuesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI dropped 2.2% to kr1,397.48, following the last session’s downward trend on what was an all-around negative trend trading session today.
PETROLIA’s last close was kr5.10, 7.27% below 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 kr0.78.
PE Ratio
PETROLIA has a trailing twelve months price to earnings ratio of 7.18. Meaning, the purchaser of the share is investing kr7.18 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%.
Moving Average
PETROLIA’s worth is way above its 50-day moving average of kr5.03 and way above its 200-day moving average of kr4.56.
Yearly Top and Bottom Value
PETROLIA’s stock is valued at kr5.60 at 22:31 EST, higher than its 52-week high of kr5.50.
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