SCATEC Stock Was Up By 9.34% On Thursday

(VIANEWS) – The Market ended the session with SCATEC (SCATC.OL) rising 9.34% to kr70.25 on Thursday while Oslo Børs Benchmark Index_GI slid 0.05% to kr1,290.84.

SCATEC’s last close was kr64.25, 24.85% 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 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-1.11.

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%.

Growth Estimates Quarters

The company’s growth estimates for the current quarter is 113.7% and a drop 36.8% for the next.

More news about SCATEC (SCATC.OL).

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