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ARCHER Stock Rises 9% At Session Start On Wednesday, Outperforms Market

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(VIANEWS) - Shares of ARCHER (Oslo Børs All-share Index_GI: ARCH.OL) jumped 9.14% to 3.82 kr at 10:28 EST on Wednesday, after three consecutive sessions in a row of losses. Oslo Børs All-share Index_GI is jumping 2.92% to 1,417.52 kr, following the last session's downward trend. This seems, up to now, an all-around up trend exchanging session today.

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 fluids, guarantor, international personnel, management, and equipment rental services, as well as production monitoring, well imaging, and integrity management tools services. It operates in Norway, the United Kingdom, Argentina, Asia, Oceania, Eastern Europe, North America, South America, the Middle East, Africa, 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 Hamilton, Bermuda.

Earnings Per Share

As for profitability, ARCHER has a trailing twelve months EPS of -0.42 kr.

Volatility

ARCHER's last week, last month's, and last quarter's current intraday variation average was a negative 1.43%, a negative 0.17%, and a positive 1.80%.

ARCHER's highest amplitude of average volatility was 1.43% (last week), 1.51% (last month), and 1.80% (last quarter).

More news about ARCHER (ARCH.OL).

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