GRAM CAR CARRIERS Stock Bullish Momentum With A 25.18% Rise Today

(VIANEWS) – The Market ended the session with GRAM CAR CARRIERS (GCC.OL) rising 25.18% to kr266.00 on Wednesday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI jumped 1.01% to kr1,353.28, after four sequential sessions in a row of losses, on what was an all-around positive trend exchanging session today.

GRAM CAR CARRIERS’s last close was kr212.50, 14.49% under its 52-week high of kr248.50.

About GRAM CAR CARRIERS

Gram Car Carriers ASA, through its subsidiaries, operates as a tonnage supplier worldwide. The company invests in and operates assets in the pure car and truck carrier shipping segment. It also offers commercial management services for the 19 owned carriers and 1 vessel managed by third party. The company was founded in 2006 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, GRAM CAR CARRIERS has a trailing twelve months EPS of kr24.03.

PE Ratio

GRAM CAR CARRIERS has a trailing twelve months price to earnings ratio of 11.07. Meaning, the purchaser of the share is investing kr11.07 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 35.2%.

Dividend Yield

According to Morningstar, Inc., the next dividend payment is on Feb 12, 2024, the estimated forward annual dividend rate is 24.8 and the estimated forward annual dividend yield is 11.95%.

Sales Growth

GRAM CAR CARRIERS’s sales growth is 39.3% for the present quarter and 16.3% for the next.

Yearly Top and Bottom Value

GRAM CAR CARRIERS’s stock is valued at kr266.00 at 22:33 EST, above its 52-week high of kr248.50.

More news about GRAM CAR CARRIERS (GCC.OL).

Leave a Reply

Your email address will not be published.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