AVANCE GAS HOLDING Stock Bullish Momentum With A 9.51% Jump Today

(VIANEWS) – The Market ended the session with AVANCE GAS HOLDING (AGAS.OL) rising 9.51% to kr138.20 on Wednesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI rose 0.82% to kr1,250.40, following the last session’s downward trend on what was a somewhat bullish trend exchanging session today.

AVANCE GAS HOLDING’s last close was kr126.20, 22.29% above its 52-week high of kr103.20.

About AVANCE GAS HOLDING

Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG). The company transports LPG from the Persian Gulf and the United States Gulf/the United States East Coast to destinations in Europe, South America, India, and Asia. As of December 31, 2022, it owned and operated through a fleet of twelve very large gas carriers and four dual-fuel LPG newbuildings. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd operates as a subsidiary of Hemen Holding Ltd.

Earnings Per Share

As for profitability, AVANCE GAS HOLDING has a trailing twelve months EPS of kr18.79.

PE Ratio

AVANCE GAS HOLDING has a trailing twelve months price to earnings ratio of 7.35. Meaning, the purchaser of the share is investing kr7.35 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 17.24%.

Yearly Top and Bottom Value

AVANCE GAS HOLDING’s stock is valued at kr138.20 at 21:30 EST, way higher than its 52-week high of kr103.20.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, AVANCE GAS HOLDING’s stock is considered to be overbought (>=80).

Moving Average

AVANCE GAS HOLDING’s worth is way higher than its 50-day moving average of kr89.27 and way above its 200-day moving average of kr74.01.

More news about AVANCE GAS HOLDING (AGAS.OL).

Leave a Reply

Your email address will not be published.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