(VIANEWS) – Shares of ELECTROMAGNET GEO (Oslo Børs Benchmark Index_GI: EMGS.OL) fell by a staggering 17.14% in 5 sessions from kr3.15 to kr2.61 at 14:22 EST on Thursday, after four successive sessions in a row of losses. Oslo Børs Benchmark Index_GI is rising 0.55% to kr1,244.89, following the last session’s downward trend.
About ELECTROMAGNET GEO
Electromagnetic Geoservices ASA, together with its subsidiaries, provides electromagnetic (EM) surveying services to the offshore oil and gas exploration industry. It is involved in the planning, acquisition, processing, modelling, interpretation, and integration of EM data. The company uses its patented EM survey method to find hydrocarbons in offshore reservoirs. It engages in the provision of controlled-source EM surveying and magneto telluric surveying; imaging and interpretation; rental of software and cluster; and training services. The company has operations in Europe, the Middle East, Africa, Norway, North and South America, Asia, and the Pacific Ocean. Electromagnetic Geoservices ASA was incorporated in 2002 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, ELECTROMAGNET GEO has a trailing twelve months EPS of kr0.9.
PE Ratio
ELECTROMAGNET GEO has a trailing twelve months price to earnings ratio of 2.9. Meaning, the purchaser of the share is investing kr2.9 for every norwegian krone of annual earnings.
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