DNO Stock Bullish Momentum With A 14.41% Rise Today

(VIANEWS) – The Market ended the session with DNO (DNO.OL) jumping 14.41% to kr11.75 on Monday, after four sequential sessions in a row of gains. Oslo Børs Benchmark Index_GI rose 1.26% to kr1,208.60, after five successive sessions in a row of gains, on what was an all-around up trend exchanging session today.

About DNO

DNO ASA engages in the exploration, development, and production of oil and gas assets in the Middle East, the North Sea, and West Africa. Its flagship project is the Tawke field that is located in the Kurdistan region of Iraq. The company was founded in 1971 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, DNO has a trailing twelve months EPS of kr-2.43.

Volatility

DNO’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.56%, a negative 0.89%, and a positive 1.95%.

DNO’s highest amplitude of average volatility was 1.41% (last week), 2.48% (last month), and 1.95% (last quarter).

Stock Price Classification

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

Volume

Today’s last reported volume for DNO is 6287070 which is 64.52% above its average volume of 3821230.

More news about DNO (DNO.OL).

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