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HÖEGH AUTOLINERS Stock Went Down By Over 10% At Session Start On Wednesday

(VIANEWS) – Shares of HÖEGH AUTOLINERS (Oslo Børs Benchmark Index_GI: HAUTO.OL) dropped by a staggering 10.57% to kr60.90 at 10:39 EST on Wednesday, after three successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is jumping 0.47% to kr1,246.71, following the last session’s upward trend. This seems, as yet, a somewhat positive trend trading session today.

HÖEGH AUTOLINERS’s last close was kr67.10, 6.93% under its 52-week high of kr72.10.

About HÖEGH AUTOLINERS

Höegh Autoliners ASA engages in the deep sea transportation of roll-on roll-off (RoRo) cargoes worldwide. The company offers transportation services for agricultural machinery, automotive, boats and yachts, breakbulk cargoes and carries, construction and mining equipment, machineries, power generation and distribution equipment, railcars and tramways, trucks, buses, and trailers. It also provides shortsea, terminal, and supply chain management services. The company was founded in 1927 and is based in Oslo, Norway.

Earnings Per Share

As for profitability, HÖEGH AUTOLINERS has a trailing twelve months EPS of kr-0.08.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 32.04%.

Stock Price Classification

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

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