PGS Stock Over 16% Down In The Last 5 Sessions

(VIANEWS) – Shares of PGS (Oslo Børs Benchmark Index_GI: PGS.OL) fell by a staggering 16.22% in 5 sessions from kr9.62 to kr8.06 at 17:37 EST on Tuesday, after three consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI is jumping 0.07% to kr1,228.08, after five sequential sessions in a row of gains.

PGS’s last close was kr8.31, 36.81% below 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, as well as carbon storage and offshore wind markets. It also operates in the Asia Pacific, Canada, Egypt, the Americas, Angola, the United Kingdom, Greece, Cyprus, 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-0.6.

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%.

Volatility

PGS’s last week, last month’s, and last quarter’s current intraday variation average was a negative 3.76%, a negative 1.07%, and a positive 3.98%.

PGS’s highest amplitude of average volatility was 3.91% (last week), 4.34% (last month), and 3.98% (last quarter).

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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