SAS AB Stock Impressive Jump On Tuesday, Outperforms Market

(VIANEWS) – The Market ended the session with SAS AB (SASNO.OL) jumping 28.46% to kr0.02 on Tuesday, after two sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI jumped 0.72% to kr1,273.21, after two sequential sessions in a row of losses, on what was a somewhat up trend exchanging session today.

SAS AB’s last close was kr0.01, 97.29% below its 52-week high of kr0.48.

About SAS AB

SAS AB (publ), together with its subsidiaries, provides passenger flight transportation services in the Nordic and international route network. The company also offers air cargo services, in-flight sales, ground handling, and technical maintenance services, as well as travel-related loyalty programs. It operates a fleet of 134 aircraft, including 16 long-haul aircraft, 87 short-haul aircraft, and 31 aircraft flown by regional production partners. The company was founded in 1946 and is headquartered in Stockholm, Sweden. On July 5, 2022, SAS AB (publ), along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of New York.

Earnings Per Share

As for profitability, SAS AB has a trailing twelve months EPS of kr-0.71.

Volatility

SAS AB’s last week, last month’s, and last quarter’s current intraday variation average was a negative 7.23%, a negative 4.00%, and a positive 3.92%.

SAS AB’s highest amplitude of average volatility was 7.53% (last week), 5.27% (last month), and 3.92% (last quarter).

Volume

Today’s last reported volume for SAS AB is 16927100 which is 65.05% above its average volume of 10255600.

Moving Average

SAS AB’s worth is way below its 50-day moving average of kr0.03 and way below its 200-day moving average of kr0.21.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SAS AB’s stock is considered to be overbought (>=80).

More news about SAS AB (SASNO.OL).

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