(VIANEWS) – Shares of NORSKE SKOG (Oslo Børs Benchmark Index_GI: NSKOG.OL) fell by a staggering 10.14% to kr46.50 at 14:37 EST on Thursday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is rising 0.2% to kr1,207.20, following the last session’s upward trend. This seems, as yet, a somewhat up trend exchanging session today.
NORSKE SKOG’s last close was kr51.75, 34.37% under its 52-week high of kr78.85.
About NORSKE SKOG
Norske Skog ASA produces and sells newsprint and magazine papers. It operates in two segments, Publication Paper Europe, and Publication Paper Australasia. The company offers standard newsprint and other papers; and magazine paper comprising super calendared and lightweight coated magazine paper. Its products are primarily used in newspapers and magazines, catalogues, advertising materials, inserts/flyers, supplements, free-sheets, directories, direct mail, and book papers. The company operates in Norway, rest of Europe, North America, Australasia, Asia, and Africa. Norske Skog ASA was founded in 1962 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, NORSKE SKOG has a trailing twelve months EPS of kr26.19.
PE Ratio
NORSKE SKOG has a trailing twelve months price to earnings ratio of 1.78. Meaning, the purchaser of the share is investing kr1.78 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 56.89%.
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