(VIANEWS) – OKEA (OKEA.OL), NORWEGIAN AIR SHUT (NAS.OL), VOLUE (VOLUE.OL) are the highest sales growth and return on equity stocks on this list.
Here is a list of stocks with an above 5% expected next quarter sales growth, and a 3% or higher return on equity. May these stocks be a good medium-term investment option?
1. OKEA (OKEA.OL)
34.8% sales growth and 35.99% return on equity
OKEA ASA, an oil and gas company, engages in the development and production of oil and gas in the Norwegian continental shelf. The company holds 44.56% interests in Draugen, 12% interests in Gjøa, 9.2385% interests in Ivar Aasen, 6% interests in Nova, and 15% interests in Yme assets. OKEA ASA was incorporated in 2015 and is headquartered in Trondheim, Norway.
Earnings Per Share
As for profitability, OKEA has a trailing twelve months EPS of kr6.96.
PE Ratio
OKEA has a trailing twelve months price to earnings ratio of 5.04. Meaning, the purchaser of the share is investing kr5.04 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 35.99%.
Yearly Top and Bottom Value
OKEA’s stock is valued at kr35.06 at 02:20 EST, way below its 52-week high of kr55.90 and way above its 52-week low of kr25.85.
Volume
Today’s last reported volume for OKEA is 312720 which is 36.89% below its average volume of 495571.
More news about OKEA.
2. NORWEGIAN AIR SHUT (NAS.OL)
21.4% sales growth and 38.52% return on equity
Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It operates short haul point to point domestic and cross border flights services. It is also involved in aircraft financing, leasing, and ownership activities; and cargo activities. It operates a fleet of 70 aircrafts. Norwegian Air Shuttle ASA was founded in 1993 and is headquartered in Fornebu, Norway.
Earnings Per Share
As for profitability, NORWEGIAN AIR SHUT has a trailing twelve months EPS of kr0.94.
PE Ratio
NORWEGIAN AIR SHUT has a trailing twelve months price to earnings ratio of 10.92. Meaning, the purchaser of the share is investing kr10.92 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 38.52%.
Volume
Today’s last reported volume for NORWEGIAN AIR SHUT is 1431130 which is 71.57% below its average volume of 5034300.
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3. VOLUE (VOLUE.OL)
17.4% sales growth and 3.91% return on equity
Volue ASA, together with its subsidiaries, engages in the provision of software and technology solutions for the energy, power grid, and infrastructure markets worldwide. It operates in three segments: Energy, Power Grid, and Infrastructure. The Energy segment offers software solutions and consulting services related to forecasting and optimization of the different energy markets that enables end-to-end optimization of the green energy value-chain. The Power Grid segment provides software solutions and consulting services that enables power distributors to support electrification of society by unlocking flexibility and digital management of the power grid. The Infrastructure segment offers software solutions and consulting services that delivers flexible solutions for digital water management. This segment is also involved in the automation of processes and machines for the construction industry. Volue ASA was incorporated in 2019 and is headquartered in Oslo, Norway. Volue ASA operates as a subsidiary of Arendals Fossekompani ASA.
Earnings Per Share
As for profitability, VOLUE has a trailing twelve months EPS of kr0.25.
PE Ratio
VOLUE has a trailing twelve months price to earnings ratio of 82. Meaning, the purchaser of the share is investing kr82 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 3.91%.
Revenue Growth
Year-on-year quarterly revenue growth grew by 18.7%, now sitting on 1.27B for the twelve trailing months.
Yearly Top and Bottom Value
VOLUE’s stock is valued at kr20.50 at 02:20 EST, way below its 52-week high of kr33.45 and way above its 52-week low of kr16.00.
Moving Average
VOLUE’s worth is way higher than its 50-day moving average of kr18.42 and way under its 200-day moving average of kr24.53.
Volume
Today’s last reported volume for VOLUE is 15453 which is 85.16% below its average volume of 104148.
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4. PROTECTOR FORSIKRG (PROT.OL)
15.2% sales growth and 37.86% return on equity
Protector Forsikring ASA, a general insurance company, provides various insurance products to the commercial and public sectors, and the affinity insurance markets in Norway, Denmark, Sweden, the United Kingdom, and Finland. It operates in Commercial Lines of Business and Public Lines of Business segments. The company offers personal, motor, property, liability, and change of ownership insurance. It sells its products to non-marine industries through insurance brokers. Protector Forsikring ASA was founded in 2003 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, PROTECTOR FORSIKRG has a trailing twelve months EPS of kr15.16.
PE Ratio
PROTECTOR FORSIKRG has a trailing twelve months price to earnings ratio of 10.63. Meaning, the purchaser of the share is investing kr10.63 for every norwegian krone of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 37.86%.
Yearly Top and Bottom Value
PROTECTOR FORSIKRG’s stock is valued at kr161.20 at 02:20 EST, below its 52-week high of kr173.80 and way higher than its 52-week low of kr107.60.
Growth Estimates Quarters
The company’s growth estimates for the current quarter is 81% and a drop 56% for the next.
Sales Growth
PROTECTOR FORSIKRG’s sales growth for the next quarter is 15.2%.
More news about PROTECTOR FORSIKRG.
