BORREGAARD Stock Bullish Momentum With A 22% Rise In The Last 10 Sessions

(VIANEWS) – Shares of BORREGAARD (Oslo Børs All-share Index_GI: BRG.OL) rose by a staggering 22.12% in 10 sessions from $151 to $184.40 at 16:28 EST on Tuesday, after three successive sessions in a row of gains. Oslo Børs All-share Index_GI is jumping 0.84% to $1,377.27, after sequential sessions in a row of losses.

About BORREGAARD

Borregaard ASA develops, produces, and markets specialized biomaterials, biochemicals, and biofuels in Norway, rest of Europe, the United States, Asia, and internationally. It operates through three segments: BioSolutions, BioMaterials, and Fine Chemicals. The BioSolutions segment provides biopolymers for a range of applications, such as agrochemicals, batteries, industrial binders, and construction; and biovanillin for flavor and fragrance companies, as well as for food and beverage industry. The BioMaterials segment offers specialty cellulose for use as a raw material in the production of cellulose ethers, cellulose acetate, and other specialty products; and cellulose fibrils for industrial applications. The Fine Chemicals segment provides fine chemical intermediates for contrast agents; and bioethanol. Borregaard ASA was incorporated in 2012 and is headquartered in Sarpsborg, Norway.

Earnings Per Share

As for profitability, BORREGAARD has a trailing twelve months EPS of $4.81.

PE Ratio

BORREGAARD has a trailing twelve months price to earnings ratio of 38.3. Meaning,
the purchaser of the share is investing $38.3 for every dollar of annual earnings.

Volume

Today’s last reported volume for BORREGAARD is 62892 which is 23.61% below its average volume of 82339.

Volatility

BORREGAARD’s last week, last month’s, and last quarter’s current intraday variation average was 5.66%, 0.70%, and 1.51%.

BORREGAARD’s highest amplitude of average volatility was 5.66% (last week), 1.88% (last month), and 1.51% (last quarter).

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,

BORREGAARD’s stock is considered to be oversold (<=20).

More news about BORREGAARD (BRG.OL).

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