PGS Stock Is 14% Down So Far On Monday

(VIANEWS) – Shares of PGS (Oslo Børs Benchmark Index_GI: PGS.OL) slid by a staggering 14.37% to kr10.25 at 13:39 EST on Monday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is dropping 1.98% to kr1,196.45, after five successive sessions in a row of losses. This seems, at the moment, an all-around bearish trend trading session today.

PGS’s last close was kr11.97, 8.97% under its 52-week high of kr13.15.

About PGS

PGS ASA, together with its subsidiaries, operates as a marine geophysical company primarily in Norway. The company provides a range of seismic and reservoir services, including data acquisition, imaging, interpretation, and field evaluation to oil and gas companies. It also operates in the Asia Pacific, Canada, Egypt, the Americas, Angola, the United Kingdom, Ukraine, Brazil, South Africa, other African countries, the Middle East, and internationally. The company was formerly known as Petroleum Geo-Services ASA and changed its name to PGS ASA in May 2019. PGS ASA was founded in 1991 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, PGS has a trailing twelve months EPS of kr-5.26.

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 -8.68%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

PGS’s EBITDA is 151.03.

Stock Price Classification

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

More news about PGS (PGS.OL).

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