(VIANEWS) - Shares of SCATEC (Oslo Børs Benchmark Index_GI: SCATC.OL) jumped by a staggering 14.96% to kr77.25 at 11:37 EST on Friday, following the last session's upward trend. Oslo Børs Benchmark Index_GI is jumping 0.27% to kr1,192.99, after three sequential sessions in a row of losses. This seems, up until now, a somewhat up trend trading session today.
SCATEC's last close was kr67.20, 42.56% under its 52-week high of kr117.00.
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 develops, builds, owns, and operates solar, wind, and hydro power plants and storage solutions. The company is also involved in the engineering, procurement, construction, operation, maintenance, and asset management of power plants. It has a total of 4.6 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 kr-8.02.
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 -13.12%.Volume
Today's last reported volume for SCATEC is 870418 which is 88.13% above its average volume of 462647.
Revenue Growth
Year-on-year quarterly revenue growth grew by 1.4%, now sitting on 3B for the twelve trailing months.
Moving Average
SCATEC's value is way above its 50-day moving average of kr69.07 and under its 200-day moving average of kr83.91.Sales Growth
SCATEC's sales growth is 19.7% for the current quarter and 24.8% for the next.
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