ATLANTIC SAPPHIRE Stock Jump Before The Weekend, Outperforms Market

(VIANEWS) – The Market ended the session with ATLANTIC SAPPHIRE (ASA.OL) jumping 10% to kr1.65 on Friday while Oslo Børs Benchmark Index_GI fell 0.58% to kr1,296.42.

ATLANTIC SAPPHIRE’s last close was kr1.50, 92.63% below its 52-week high of kr20.36.

About ATLANTIC SAPPHIRE

Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business. It operates through two segments, Fish Farming (Denmark); and Fish Farming (US). The company is involved in the production and sale of salmon. It operates in the United States, Denmark, and internationally. The company was founded in 2010 and is headquartered in Vikebukt, Norway.

Earnings Per Share

As for profitability, ATLANTIC SAPPHIRE has a trailing twelve months EPS of kr-5.32.

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 -24.26%.

Moving Average

ATLANTIC SAPPHIRE’s value is way under its 50-day moving average of kr6.29 and way below its 200-day moving average of kr6.74.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ATLANTIC SAPPHIRE’s stock is considered to be oversold (<=20).

Volume

Today’s last reported volume for ATLANTIC SAPPHIRE is 2219480 which is 34.31% above its average volume of 1652450.

More news about ATLANTIC SAPPHIRE (ASA.OL).

Leave a Reply

Your email address will not be published. Required fields are marked *