SCANA Stock Bullish By 27% In The Last 21 Sessions

(VIANEWS) – Shares of SCANA (Oslo Børs Benchmark Index_GI: SCANA.OL) jumped by a staggering 27.21% in 21 sessions from kr1.36 to kr1.73 at 14:37 EST on Tuesday, after five successive sessions in a row of gains. Oslo Børs Benchmark Index_GI is jumping 0.13% to kr1,228.82, after five sequential sessions in a row of gains.

SCANA’s last close was kr1.69, 6.01% under its 52-week high of kr1.80.

About SCANA

Scana ASA provides equipment and services to the maritime industry. The company offers valve remote control systems and mooring solutions to vessels, rigs, and floating structures serving the shipping, oil and gas, aquaculture, and energy industries. It also engages in the design and integration of electrical power systems, electrical infrastructure, and energy storage systems and control systems; and provides standard and customized containers/module solutions, as well as various types of welded constructions for offshore and onshore projects. In addition, the company is involved in the planning and execution of insulation, scaffolding, and surface treatment services; and rig, capping, equipment support, make and break, IMR lifecycle, welding, and asset integrity management services to drilling industry, as well as offers riser applications to the oil and gas industry. The company was formerly known as Incus Investor ASA and changed its name to Scana ASA in May 2020. Scana ASA was founded in 1646 and is headquartered in Bergen, Norway.

Earnings Per Share

As for profitability, SCANA has a trailing twelve months EPS of kr0.08.

PE Ratio

SCANA has a trailing twelve months price to earnings ratio of 21.62. Meaning, the purchaser of the share is investing kr21.62 for every norwegian krone of annual earnings.

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 -14.97%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 344.1%, now sitting on 911.7M for the twelve trailing months.

Volume

Today’s last reported volume for SCANA is 1693012 which is 66.05% below its average volume of 3074250.

Stock Price Classification

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

Volatility

SCANA’s last week, last month’s, and last quarter’s current intraday variation average was 3.96%, 1.36%, and 2.96%.

SCANA’s highest amplitude of average volatility was 3.96% (last week), 2.13% (last month), and 2.96% (last quarter).

More news about SCANA (SCANA.OL).

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