(VIANEWS) - Shares of MAGNORA (Oslo Børs Benchmark Index_GI: MGN.OL) rose 9.8% to kr26.90 at 14:37 EST on Friday, after two successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is rising 0.73% to kr1,210.23, following the last session's downward trend. This seems, up to now, a somewhat up trend exchanging session today.
MAGNORA's last close was kr24.50, 14.19% below its 52-week high of kr28.55.
About MAGNORA
Magnora ASA operates as a renewable energy development company. It primarily focuses on developing wind and solar photovoltaic (PV) projects. The company also hold license agreements with the Dana Western Isles and Shell Penguins FPSO. It serves oil companies and marine contractors in the United Kingdom, Norway, and Sweden. The company was formerly known as Sevan Marine ASA and changed its name to Magnora ASA in October 2018. Magnora ASA was incorporated in 2001 and is based in Oslo, Norway.
Earnings Per Share
As for profitability, MAGNORA has a trailing twelve months EPS of kr0.22.
PE Ratio
MAGNORA has a trailing twelve months price to earnings ratio of 122.27. Meaning, the purchaser of the share is investing kr122.27 for every norwegian krone of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 1.29%.More news about MAGNORA (MGN.OL).