OCEANTEAM Stock Bullish Momentum With A 9.63% Rise On Tuesday

(VIANEWS) – The Market ended the session with OCEANTEAM (OTS.OL) rising 9.63% to kr1.48 on Tuesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI slid 0.14% to kr1,284.38, following the last session’s downward trend on what was a somewhat down trend exchanging session today.

OCEANTEAM’s last close was kr1.35, 32.84% under its 52-week high of kr2.01.

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-0.3.

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 -13.62%.

Moving Average

OCEANTEAM’s value is higher than its 50-day moving average of kr1.41 and under its 200-day moving average of kr1.54.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, OCEANTEAM’s stock is considered to be overbought (>=80).

Volume

Today’s last reported volume for OCEANTEAM is 37535 which is 3.16% above its average volume of 36382.

Volatility

OCEANTEAM’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.87%, a negative 0.13%, and a positive 5.74%.

OCEANTEAM’s highest amplitude of average volatility was 8.76% (last week), 6.47% (last month), and 5.74% (last quarter).

More news about OCEANTEAM (OTS.OL).

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