(VIANEWS) - Shares of AKVA GROUP (Oslo Børs All-share Index_GI: AKVA.OL) jumped by a staggering 29.86% in 21 sessions from kr55.6 to kr72.20 at 13:29 EST on Wednesday, after three consecutive sessions in a row of losses. Oslo Børs All-share Index_GI is jumping 0.17% to kr1,419.41, after five successive sessions in a row of losses.
About AKVA GROUP
AKVA group ASA designs, purchases, manufactures, assembles, sells, and installs technology products; and provides rental and consulting services for the aquaculture industry. The company operates through three segments: Sea Based Technology (SBT), Digital, and Land Based Technology. The SBT segment offers plastic cages, steel cages, feed barges, feed systems, sensor and camera systems, biomass estimation systems, underwater lights, net cleaning systems, and nets and mooring systems under the Polarcirkel, Wavemaster, and Akvasmart hardware brands. This segment also supplies polyethylene work boats and pipes to aquaculture and other industries. The Digital segment provides production control, planning, traceability, and ERP software for the aquaculture and fishing industries under the Fishtalk brand. This segment also operates AKVAconnect, a process control platform that that can be used to connect and control small fish farms to interconnected locations. The Land Based Technology segment designs and delivers recirculation systems for land-based fish farming, as well as provides water quality conditions for fresh and seawater operations. AKVA group ASA operates in Norway, Chile, the United Kingdom, Denmark, Canada, and internationally. The company was incorporated in 1982 and is based in Klepp Stasjon, Norway. AKVA group ASA is a subsidiary of Egersund Group AS.
Earnings Per Share
As for profitability, AKVA GROUP has a trailing twelve months EPS of kr2.74.
PE Ratio
AKVA GROUP has a trailing twelve months price to earnings ratio of 26.37. Meaning, the purchaser of the share is investing kr26.37 for every norwegian krone of annual earnings.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AKVA GROUP's stock is considered to be overbought (>=80).
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