OCEANTEAM Stock Impressive Rise 15% So Far On Tuesday, Outperforms Market

(VIANEWS) – Shares of OCEANTEAM (Oslo Børs Benchmark Index_GI: OTS.OL) rose by a staggering 15.81% to kr1.69 at 11:38 EST on Tuesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is sliding 1.32% to kr1,197.03, after two successive sessions in a row of gains. This seems, at the moment, an all-around down trend trading session today.

OCEANTEAM’s last close was kr1.46, 74.38% 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-0.5.

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%.

Yearly Top and Bottom Value

OCEANTEAM’s stock is valued at kr1.69 at 11:38 EST, way under its 52-week high of kr5.68 and way above its 52-week low of kr1.26.

More news about OCEANTEAM (OTS.OL).

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