PGS Stock Is 9% Down At Session Start Today

(VIANEWS) – Shares of PGS (Oslo Børs Benchmark Index_GI: PGS.OL) fell 9.06% to kr8.78 at 10:39 EST on Monday, after two successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is sliding 1.99% to kr1,130.05, after five consecutive sessions in a row of losses. This seems, up until now, an all-around bearish trend exchanging session today.

PGS’s last close was kr9.66, 26.54% 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. 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%.

Volume

Today’s last reported volume for PGS is 18851269 which is 11.48% below its average volume of 21296600.

Moving Average

PGS’s value is below its 50-day moving average of kr9.45 and way above its 200-day moving average of kr7.43.

Yearly Top and Bottom Value

PGS’s stock is valued at kr8.78 at 10:39 EST, way below its 52-week high of kr13.15 and way above its 52-week low of kr2.58.

More news about PGS (PGS.OL).

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