CADELER Stock Was 10.56% Up On Tuesday

(VIANEWS) – The Market ended the session with CADELER (CADLR.OL) jumping 10.56% to kr53.40 on Tuesday, after two successive sessions in a row of gains. Oslo Børs Benchmark Index_GI slid 0.05% to kr1,322.36, after five sequential sessions in a row of gains, on what was a somewhat down trend exchanging session today.

CADELER’s last close was kr48.30, 5.29% below its 52-week high of kr51.00.

About CADELER

Cadeler A/S operates as an offshore wind farm transportation and installation contractor in Denmark. The company also provides wind farm maintenance, construction, decommissioning, and other tasks within the offshore industry, as well as operates offshore marine and engineering. It owns and operates two offshore jack-up windfarm installation vessels. Cadeler A/S was incorporated in 2008 and is headquartered in Copenhagen, Denmark.

Earnings Per Share

As for profitability, CADELER has a trailing twelve months EPS of kr3.51.

PE Ratio

CADELER has a trailing twelve months price to earnings ratio of 15.21. Meaning, the purchaser of the share is investing kr15.21 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 8.21%.

Stock Price Classification

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

Moving Average

CADELER’s value is way above its 50-day moving average of kr43.58 and way above its 200-day moving average of kr42.62.

Volume

Today’s last reported volume for CADELER is 689812 which is 35.37% below its average volume of 1067480.

More news about CADELER (CADLR.OL).

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