PGS Stock Was Up By 12.15% On Tuesday

(VIANEWS) – The Market ended the session with PGS (PGS.OL) jumping 12.15% to kr8.82 on Tuesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI jumped 0.13% to kr1,352.65, following the last session’s downward trend on what was a somewhat up trend trading session today.

PGS’s last close was kr7.86, 24.71% under its 52-week high of kr10.44.

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-0.97.

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 negative -2.79%.

Sales Growth

PGS’s sales growth is 8.4% for the ongoing quarter and 47.3% for the next.

Volume

Today’s last reported volume for PGS is 19353700 which is 309.38% above its average volume of 4727490.

Revenue Growth

Year-on-year quarterly revenue growth grew by 22.3%, now sitting on 721.5M for the twelve trailing months.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is 100% and 1000%, respectively.

More news about PGS (PGS.OL).

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