SCANA Stock Jumps By 32% In The Last 21 Sessions

(VIANEWS) – Shares of SCANA (Oslo Børs All-share Index_GI: SCANA.OL) jumped by a staggering 32.33% in 21 sessions from $1.06 to $1.40 at 13:53 EST on Monday, after three consecutive sessions in a row of losses. Oslo Børs All-share Index_GI is dropping 0.89% to $1,365.78, after sequential sessions in a row of losses.

SCANA’s last close was $1.36, 24.58% under its 52-week high of $1.80.

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 $0.43.

PE Ratio

SCANA has a trailing twelve months price to earnings ratio of 3.25. Meaning,
the purchaser of the share is investing $3.25 for every dollar 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 -8.35%.

More news about SCANA (SCANA.OL).

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