Tuesday, 29 September 2026European Markets

OCEANTEAM Stock Was Up By 9.02% Today

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(VIANEWS) - The Market ended the session with OCEANTEAM (OTS.OL) jumping 9.02% to kr1.45 on Wednesday, after two consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI fell 0.14% to kr1,289.59, following the last session's downward trend on what was a somewhat down trend trading session today.

OCEANTEAM's last close was kr1.33, 35.44% under its 52-week high of kr2.06.

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-0.32.

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%.

Volatility

OCEANTEAM's last week, last month's, and last quarter's current intraday variation average was a negative 2.76%, a negative 0.89%, and a positive 4.26%.

OCEANTEAM's highest amplitude of average volatility was 8.00% (last week), 4.50% (last month), and 4.26% (last quarter).

Moving Average

OCEANTEAM's value is under its 50-day moving average of kr1.47 and below its 200-day moving average of kr1.55.

Yearly Top and Bottom Value

OCEANTEAM's stock is valued at kr1.45 at 21:42 EST, way under its 52-week high of kr2.06 and way above its 52-week low of kr1.10.

More news about OCEANTEAM (OTS.OL).

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