AKVA GROUP Stock Was 12.45% Up On Thursday

(VIANEWS) – The Market ended the session with AKVA GROUP (AKVA.OL) rising 12.45% to kr59.60 on Thursday, after two successive sessions in a row of losses. Oslo Børs Benchmark Index_GI jumped 0.28% to kr1,263.58, after two consecutive sessions in a row of losses, on what was a somewhat positive trend trading session today.

AKVA GROUP’s last close was kr53.00, 29.33% under its 52-week high of kr75.00.

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, fish farming cages, feed barges, feed systems, sensor and camera systems, light systems, net cleaning systems, remotely operating vehicles, and nets and mooring systems under the Polarcirkel, Wavemaster, and Akvasmart hardware brands. This segment also supplies polyethylene boats and pipes to aquaculture and other industries, as well as plastic pen. The Digital segment provides production control, planning, traceability, and ERP software for the aquaculture and fishing industries under the Fishtalk, AKVAconnect, and AKVA Observe. 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 kr-0.54.

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 negative -8.75%.

Sales Growth

AKVA GROUP’s sales growth for the next quarter is 20.1%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 3.6%, now sitting on 3.39B for the twelve trailing months.

Earnings Before Interest, Taxes, Depreciation, and Amortization

AKVA GROUP’s EBITDA is 1.06.

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