SALMAR Stock Impressive Rise 11% So Far On Thursday, Outperforms Market

(VIANEWS) – Shares of SALMAR (Oslo Børs Benchmark Index_GI: SALM.OL) jumped by a staggering 11.69% to kr521.80 at 14:40 EST on Thursday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is rising 0.82% to kr1,231.28, following the last session’s downward trend. This seems, up until now, a somewhat bullish trend trading session today.

SALMAR’s last close was kr467.20, 36.26% below its 52-week high of kr733.00.

About SALMAR

SalMar ASA, an aquaculture company, produces and sells farmed salmon in Asia, North America, Europe, and internationally. The company operates through Fish Farming, Sales & Industry, Icelandic Salmon, and SalMar Aker Ocean segments. It is involved in the broodstock, lumpfish, and smolt production activities; and marine-phase farming, harvesting, processing, and selling farmed salmon. SalMar ASA was founded in 1991 and is headquartered in Kverva, Norway.

Earnings Per Share

As for profitability, SALMAR has a trailing twelve months EPS of kr29.88.

PE Ratio

SALMAR has a trailing twelve months price to earnings ratio of 17.46. Meaning, the purchaser of the share is investing kr17.46 for every norwegian krone of annual earnings.

Moving Average

SALMAR’s value is way higher than its 50-day moving average of kr443.44 and way higher than its 200-day moving average of kr444.85.

Volatility

SALMAR’s last week, last month’s, and last quarter’s current intraday variation average was 0.63%, 0.11%, and 1.82%.

SALMAR’s highest amplitude of average volatility was 1.59% (last week), 1.76% (last month), and 1.82% (last quarter).

Volume

Today’s last reported volume for SALMAR is 648038 which is 158.72% above its average volume of 250471.

Sales Growth

SALMAR’s sales growth is 57.8% for the ongoing quarter and 55.4% for the next.

More news about SALMAR (SALM.OL).

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