(VIANEWS) – Shares of SAS AB (Oslo Børs Benchmark Index_GI: SASNO.OL) slid by a staggering 29.22% in 21 sessions from kr0.44 to kr0.31 at 14:38 EST on Wednesday, after three consecutive sessions in a row of gains. Oslo Børs Benchmark Index_GI is falling 0.45% to kr1,222.61, after five consecutive sessions in a row of gains.
SAS AB’s last close was kr0.33, 69.95% 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-1.32.
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%.
Moving Average
SAS AB’s value is way below its 50-day moving average of kr0.42 and way under its 200-day moving average of kr0.52.
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).
More news about SAS AB (SASNO.OL).
