OCEANTEAM Stock Bullish Momentum With A 13.79% Rise Today

(VIANEWS) – The Market ended the session with OCEANTEAM (OTS.OL) jumping 13.79% to kr0.97 on Monday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI jumped 1.03% to kr1,427.52, after four successive sessions in a row of gains, on what was an all-around bullish trend trading session today.

OCEANTEAM’s last close was kr0.86, 49.79% under its 52-week high of kr1.71.

About OCEANTEAM

Oceanteam ASA does not have significant operations. Previously, it engaged in a subsea and offshore business. 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 Baerum, Norway.

Earnings Per Share

As for profitability, OCEANTEAM has a trailing twelve months EPS of kr-0.24.

Return on Equity

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 -21.79%.

Moving Average

OCEANTEAM’s value is higher than its 50-day moving average of kr0.97 and way under its 200-day moving average of kr1.22.

Revenue Growth

Year-on-year quarterly revenue growth declined by 33.3%, now sitting on 60k for the twelve trailing months.

Volume

Today’s last reported volume for OCEANTEAM is 39801 which is 52.17% below its average volume of 83228.

Yearly Top and Bottom Value

OCEANTEAM’s stock is valued at kr0.97 at 22:32 EST, way below its 52-week high of kr1.71 and way higher than its 52-week low of kr0.80.

More news about OCEANTEAM (OTS.OL).

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