OCEANTEAM Stock Bearish By 11% So Far Today

(VIANEWS) – Shares of OCEANTEAM (Oslo Børs All-share Index_GI: OTS.OL) slid by a staggering 11.31% to kr1.26 at 13:39 EST on Thursday, after two sequential sessions in a row of losses. Oslo Børs All-share Index_GI is jumping 0.7% to kr1,397.90, after five sequential sessions in a row of losses. This seems, as yet, a somewhat bullish trend trading session today.

OCEANTEAM’s last close was kr1.37, 75.88% under 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-11.078.

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 -13.71%.

Moving Average

OCEANTEAM’s worth is way below its 50-day moving average of kr1.63 and way below its 200-day moving average of kr2.42.

Volatility

OCEANTEAM’s last week, last month’s, and last quarter’s current intraday variation average was a positive 0.52%, a negative 0.89%, and a positive 2.63%.

OCEANTEAM’s highest amplitude of average volatility was 3.18% (last week), 2.85% (last month), and 2.63% (last quarter).

Volume

Today’s last reported volume for OCEANTEAM is 10 which is 99.98% below its average volume of 87823.

Revenue Growth

Year-on-year quarterly revenue growth declined by 57.7%, now sitting on 3.74M for the twelve trailing months.

More news about OCEANTEAM (OTS.OL).

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