DNO Stock Jumps By 15% In The Last 5 Sessions

(VIANEWS) – Shares of DNO (Oslo Børs Benchmark Index_GI: DNO.OL) rose by a staggering 15.29% in 5 sessions from kr10.27 to kr11.84 at 20:26 EST on Thursday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is falling 0.51% to kr1,195.23, after two sequential sessions in a row of losses.

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 2.94%, a negative 0.26%, and a positive 2.12%.

DNO’s highest amplitude of average volatility was 3.65% (last week), 2.98% (last month), and 2.12% (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).

More news about DNO (DNO.OL).

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