(VIANEWS) – The Market ended the session with SCATEC (SCATC.OL) rising 10.18% to kr81.70 on Tuesday, after three successive sessions in a row of gains. Oslo Børs Benchmark Index_GI rose 0.24% to kr1,371.21, after four consecutive sessions in a row of gains, on what was a somewhat bullish trend exchanging session today.
SCATEC’s last close was kr74.15, 13.27% under its 52-week high of kr85.50.
About SCATEC
Scatec ASA, together with its subsidiaries, provides renewable energy solutions worldwide. The company operates through Power Production; Services; and Development & Construction segments. It produces and sells solar, winds, and hydro generated electricity. The company also develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, and construction, as well as operation, maintenance, and asset management of power plants. It has a total of 4.2 GW in operation and under construction. The company was formerly known as Scatec Solar ASA and changed its name to Scatec ASA in November 2020. Scatec ASA was incorporated in 2007 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, SCATEC has a trailing twelve months EPS of kr3.95.
PE Ratio
SCATEC has a trailing twelve months price to earnings ratio of 20.68. Meaning, the purchaser of the share is investing kr20.68 for every norwegian krone of annual earnings.
Return on Equity
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 11.58%.
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