SAS AB Stock Impressive Rise 28% So Far On Monday, Outperforms Market

(VIANEWS) – Shares of SAS AB (Oslo Børs Benchmark Index_GI: SASNO.OL) rose by a staggering 28.76% to kr0.30 at 11:36 EST on Monday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is jumping 0.41% to kr1,229.55, after four successive sessions in a row of gains. This seems, up to now, a somewhat up trend trading session today.

SAS AB’s last close was kr0.23, 78.36% under its 52-week high of kr1.08.

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 135 aircraft, including 12 long-haul aircraft, 95 short-haul aircraft, and 28 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-0.94.

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 -1151.97%.

Volume

Today’s last reported volume for SAS AB is 25323730 which is 1005.7% above its average volume of 2290290.

Moving Average

SAS AB’s value is way below its 50-day moving average of kr0.42 and way below its 200-day moving average of kr0.52.

More news about SAS AB (SASNO.OL).

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