PETROLIA Stock Bullish Momentum With A 20.19% Rise Today

(VIANEWS) – The Market ended the session with PETROLIA (PSE.OL) rising 20.19% to kr4.94 on Tuesday, after three sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI dropped 0.36% to kr1,278.97, following the last session’s downward trend on what was a somewhat bearish trend exchanging session today.

PETROLIA’s last close was kr4.11, 22.16% below its 52-week high of kr5.28.

About PETROLIA

Petrolia SE, together with its subsidiaries, sells and rents energy service equipment to energy industry in Norway, rest of Europe, Asia, and Australia. It operates through two segments, Energy and Energy Service. The company engages in the exploration and production of oil and gas, as well as produces hydrogen and ammonia. It also offers drill pipes, test strings and tubing, and other equipment, as well as casing, handling, and auxiliary tools; and equipment inspection and maintenance services. In addition, the company offers casing and tubing running, drilling, and make and brake services. It serves energy companies, drilling contractors, and energy service companies. The company was formerly known as Petrolia E&P Holdings SE and changed its name to Petrolia SE in January 2013. Petrolia SE was founded in 1997 and is based in Limassol, Cyprus.

Earnings Per Share

As for profitability, PETROLIA has a trailing twelve months EPS of kr0.04.

PE Ratio

PETROLIA has a trailing twelve months price to earnings ratio of 123.5. Meaning, the purchaser of the share is investing kr123.5 for every norwegian krone of annual earnings.

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 2.94%.

Stock Price Classification

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

Volume

Today’s last reported volume for PETROLIA is 81513 which is 332.1% above its average volume of 18864.

Moving Average

PETROLIA’s value is way higher than its 50-day moving average of kr4.05 and way higher than its 200-day moving average of kr4.08.

Volatility

PETROLIA’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.85%, a positive 0.20%, and a positive 3.36%.

PETROLIA’s highest amplitude of average volatility was 4.37% (last week), 3.37% (last month), and 3.36% (last quarter).

More news about PETROLIA (PSE.OL).

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