(VIANEWS) – The Market ended the session with ARCHER (ARCH.OL) jumping 21.06% to kr1.08 on Friday while Oslo Børs Benchmark Index_GI rose 0.37% to kr1,279.23.
ARCHER’s last close was kr0.89, 82.82% below its 52-week high of kr5.17.
About ARCHER
Archer Limited, an oilfield service company, provides various oilfield products and services to the oil and gas industry. The company operates through two segments, Eastern Hemisphere and Western Hemisphere. It provides oiltools, such as plugs and abandonment (P&A), slot recovery and P&A, cementing, and well cleaning solutions; digital well integrity solutions; land drilling and platform drilling services; mobile offshore drilling unit management services; and modular drilling rigs. The company also offers engineering services, such as project management, construction and installations, multidiscipline engineering, consulting, and inspection services. In addition, it provides wireline services, including cased hole logging, conveyance and mechanical/slickline, research and development, and technology development services. Further, the company offers equipment rental, production monitoring, well imaging, and integrity management tools services. It operates in North America, South America, Europe, and internationally. The company was formerly known as Seawell Limited and changed its name to Archer Limited in May 2011. Archer Limited was incorporated in 2007 and is based in Sandnes, Norway.
Earnings Per Share
As for profitability, ARCHER has a trailing twelve months EPS of kr0.69.
PE Ratio
ARCHER has a trailing twelve months price to earnings ratio of 1.56. Meaning, the purchaser of the share is investing kr1.56 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 negative -14.89%.
Moving Average
ARCHER’s value is way above its 50-day moving average of kr0.89 and way under its 200-day moving average of kr2.17.
Yearly Top and Bottom Value
ARCHER’s stock is valued at kr1.08 at 21:30 EST, way below its 52-week high of kr5.17 and way above its 52-week low of kr0.76.
More news about ARCHER (ARCH.OL).
