SAS AB Stock Impressive Rise On Tuesday, Outperforms Market

(VIANEWS) – The Market ended the session with SAS AB (SASNO.OL) rising 20.08% to kr0.42 on Tuesday, after two consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI slid 0.47% to kr1,209.81, after four sequential sessions in a row of losses, on what was a somewhat down trend trading session today.

SAS AB’s last close was kr0.35, 60.16% under its 52-week high of kr0.89.

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-1.12.

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 9253430 which is 102.1% above its average volume of 4578450.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SAS AB’s stock is considered to be oversold (<=20).

Yearly Top and Bottom Value

SAS AB’s stock is valued at kr0.42 at 22:32 EST, way under its 52-week high of kr0.89 and way higher than its 52-week low of kr0.20.

More news about SAS AB (SASNO.OL).

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