ARCHER Stock Impressive Rise On Monday, Outperforms Market

(VIANEWS) – The Market ended the session with ARCHER (ARCH.OL) rising 12.76% to kr0.97 on Monday while Oslo Børs Benchmark Index_GI slid 0.3% to kr1,289.58.

ARCHER’s last close was kr0.86, 83.33% under 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 kr0.68.

PE Ratio

ARCHER has a trailing twelve months price to earnings ratio of 1.43. Meaning, the purchaser of the share is investing kr1.43 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%.

Volume

Today’s last reported volume for ARCHER is 34915600 which is 487.48% above its average volume of 5943280.

Earnings Before Interest, Taxes, Depreciation, and Amortization

ARCHER’s EBITDA is 260.9.

More news about ARCHER (ARCH.OL).

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