(VIANEWS) – Shares of ODFJELL TECHNOLOGY (Oslo Børs All-share Index_GI: OTL.OL) rose by a staggering 31.62% in 21 sessions from 29 kr to 38.17 kr at 22:42 EST on Wednesday, following the last session’s downward trend. Oslo Børs All-share Index_GI is jumping 2.81% to 1,415.94 kr, following the last session’s downward trend.
ODFJELL TECHNOLOGY’s last close was 36.35 kr, 13.7% below its 52-week high of 42.12 kr.
About ODFJELL TECHNOLOGY
Odfjell Technology Ltd., a technology and engineering company, provides well, drilling, and engineering services in Norway, Europe, the Middle East, Asia, and the United Kingdom. It offers tubular and casing running, drilling tool rental, fishing, wellbore clean-up, and casing while drilling services; crew for drilling and maintenance on fixed or floating platforms; smart circulation tools; downhole tools; wired drill pipes; integrated solutions for plug and abandonment markets; and maintenance and recertification services for drilling equipment. The company also provides upgrades and modifications of drilling units; special periodic surveys; rig recertifications; yard stays; engineering and project management; marine and operability analysis; offshore execution, installation, and construction; energy mapping and reduction; and inspection and integrity management services. It serves oil and gas and oil service companies, and rig owners. The company was founded in 1973 and is based in Aberdeen, the United Kingdom. As of March 31, 2022, Odfjell Technology Ltd. operates as a stand alone company.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, ODFJELL TECHNOLOGY’s stock is considered to be overbought (>=80).
Revenue Growth
Year-on-year quarterly revenue growth grew by 32.3%, now sitting on 4.36B for the twelve trailing months.
Yearly Top and Bottom Value
ODFJELL TECHNOLOGY’s stock is valued at 38.17 kr at 22:42 EST, below its 52-week high of 42.12 kr and way higher than its 52-week low of 18.10 kr.
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