OCEANTEAM Stock Over 9% Up So Far On Friday

(VIANEWS) – Shares of OCEANTEAM (Oslo Børs Benchmark Index_GI: OTS.OL) jumped 9.54% to kr1.55 at 14:37 EST on Friday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is rising 0.17% to kr1,215.27, after two successive sessions in a row of gains. This seems, so far, a somewhat bullish trend exchanging session today.

OCEANTEAM’s last close was kr1.42, 75.09% below its 52-week high of kr5.68.

About OCEANTEAM

Oceanteam ASA operates as a subsea and offshore services company in Europe. It provides equipment for offshore cable laying, umbilical installations, handling of subsea cables, and on- and offshore storage and transport. The company also rents turntables, tensioners, reels, demountable carousels, and other cable handling equipment. It serves renewable, 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-0.46.

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%.

Volume

Today’s last reported volume for OCEANTEAM is 9400 which is 84.84% below its average volume of 62042.

Moving Average

OCEANTEAM’s value is above its 50-day moving average of kr1.44 and way below its 200-day moving average of kr1.97.

More news about OCEANTEAM (OTS.OL).

Leave a Reply

Your email address will not be published.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