ELECTROMAGNET GEO Stock Bullish Momentum With A 14.77% Rise Today

(VIANEWS) – The Market ended the session with ELECTROMAGNET GEO (EMGS.OL) jumping 14.77% to kr2.72 on Tuesday while Oslo Børs Benchmark Index_GI dropped 0.53% to kr1,282.75.

ELECTROMAGNET GEO’s last close was kr2.37, 44.63% under its 52-week high of kr4.28.

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 kr0.31.

PE Ratio

ELECTROMAGNET GEO has a trailing twelve months price to earnings ratio of 8.77. Meaning, the purchaser of the share is investing kr8.77 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 145.52%.

Yearly Top and Bottom Value

ELECTROMAGNET GEO’s stock is valued at kr2.72 at 21:31 EST, way below its 52-week high of kr4.28 and way above its 52-week low of kr1.51.

Sales Growth

ELECTROMAGNET GEO’s sales growth is negative 25.8% for the current quarter and negative 40.5% for the next.

Moving Average

ELECTROMAGNET GEO’s worth is above its 50-day moving average of kr2.63 and higher than its 200-day moving average of kr2.57.

More news about ELECTROMAGNET GEO (EMGS.OL).

Leave a Reply

Your email address will not be published. Required fields are marked *