PROSAFE Stock Bullish By 9% So Far On Thursday

(VIANEWS) – Shares of PROSAFE (Oslo Børs Benchmark Index_GI: PRS.OL) rose 9.06% to kr127.60 at 11:37 EST on Thursday, after two sequential sessions in a row of gains. Oslo Børs Benchmark Index_GI is rising 0.74% to kr1,212.88, following the last session’s upward trend. This seems, up until now, a somewhat positive trend trading session today.

PROSAFE’s last close was kr117.00, 56.51% below its 52-week high of kr269.00.

About PROSAFE

Prosafe SE, together with its subsidiaries, owns and operates semi-submersible accommodation vessels in Brazil, Norway, Trinidad and Tobago, and the United Kingdom. It is also involved in the maintenance and modification of installations on fields for the production, hook-up and commissioning of new fields, tiebacks to existing infrastructure, and decommissioning activities. The company owns and operates a fleet of six semi-submersible accommodation vessels and one tender support vessel. It primarily serves oil and gas industries. The company was founded in 1972 and is headquartered in Stavanger, Norway.

Earnings Per Share

As for profitability, PROSAFE has a trailing twelve months EPS of kr1.74.

PE Ratio

PROSAFE has a trailing twelve months price to earnings ratio of 73.33. Meaning, the purchaser of the share is investing kr73.33 for every norwegian krone of annual earnings.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.08%.

More news about PROSAFE (PRS.OL).

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