(VIANEWS) – Shares of AKASTOR (Oslo Børs Benchmark Index_GI: AKAST.OL) jumped by a staggering 10.89% to kr11.20 at 14:25 EST on Thursday, after two consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI is rising 0.69% to kr1,206.97, following the last session’s upward trend. This seems, as yet, a somewhat bullish trend exchanging session today.
AKASTOR’s last close was kr10.32, 27.02% below its 52-week high of kr14.14.
About AKASTOR
Akastor ASA operates as an oilfield services investment company in Norway, the United Kingdom, Denmark, Australia, and internationally. The company offers vessel-based subsea well construction and intervention services to the oil and gas industry. It also provides well design and drilling project management services; reservoir and field management services; and rig procurement, tailored training, software, and technical manpower services, as well as well and reservoir consultancy services. In addition, the company offers a range of offshore drilling equipment products and packages. It owns five offshore vessels. Akastor ASA was founded in 1841 and is based in Bærum, Norway.
Earnings Per Share
As for profitability, AKASTOR has a trailing twelve months EPS of kr-0.62.
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 -3.76%.
Volume
Today’s last reported volume for AKASTOR is 408269 which is 107.32% above its average volume of 196927.
Earnings Before Interest, Taxes, Depreciation, and Amortization
AKASTOR’s EBITDA is -431.5.
Growth Estimates Quarters
The company’s growth estimates for the present quarter is 92.3% and a drop 54.2% for the next.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AKASTOR’s stock is considered to be oversold (<=20).
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