(VIANEWS) – Shares of OCEANTEAM (Oslo Børs Benchmark Index_GI: OTS.OL) jumped by a staggering 11.11% to kr1.65 at 11:37 EST on Tuesday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is falling 1.16% to kr1,213.08, after three consecutive sessions in a row of gains. This seems, as yet, an all-around down trend trading session today.
OCEANTEAM’s last close was kr1.49, 68.74% below its 52-week high of kr4.75.
About OCEANTEAM
Oceanteam ASA operates as a subsea and offshore services company in Europe. It provides equipment for offshore cable laying, umbilical installations, and on- and offshore storage and transport. The company also rents turntables, tensioners, reels, demountable turntable systems, and other cable handling and storage equipment, as well as offers cable and umbilical storage, and handling solutions. It serves renewable energy, and oil and gas industries. The company was formerly known as Oceanteam Shipping ASA and changed its name to Oceanteam ASA in December 2015. Oceanteam ASA was incorporated in 2005 and is headquartered in Bærum, Norway.
Earnings Per Share
As for profitability, OCEANTEAM has a trailing twelve months EPS of kr-0.39.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -13.42%.
Moving Average
OCEANTEAM’s worth is above its 50-day moving average of kr1.50 and below its 200-day moving average of kr1.80.
More news about OCEANTEAM (OTS.OL).
