SIEM OFFSHORE Stock Was 11.02% Up On Tuesday

(VIANEWS) – The Market ended the session with SIEM OFFSHORE (SIOFF.OL) rising 11.02% to kr26.20 on Tuesday, after three consecutive sessions in a row of losses. Oslo Børs Benchmark Index_GI jumped 0.72% to kr1,273.21, after two consecutive sessions in a row of losses, on what was a somewhat up trend exchanging session today.

SIEM OFFSHORE’s last close was kr23.60, 20.94% under its 52-week high of kr29.85.

About SIEM OFFSHORE

Siem Offshore Inc., together with its subsidiaries, owns and operates offshore support vessels for the offshore energy service industry and offshore renewables market. It operates platform supply vessels (PSVs); offshore subsea construction vessels (OSCVs); anchor-handling tug supply vessels (AHTS vessels); multipurpose field and ROV support vessels; scientific core drilling vessels (SCDVs); well intervention vessels (WIVs); and other vessels, including fast crew, fast supply, and oilspill recovery vessels. The company has a fleet of 28 vessels, which includes six PSVs, four OSCVs, eight AHTS vessels, two WIVs, one SCDV, five smaller Brazilian flagged vessels, and one Canadian flagged vessel comprising an AHTS vessel. It operates in Norway, North Sea, Brazil, Australia, Canada, Northern Pacific Ocean, Southeast Asia, and West Africa. Siem Offshore Inc. was founded in 2005 and is headquartered in Kristiansand, Norway.

Earnings Per Share

As for profitability, SIEM OFFSHORE has a trailing twelve months EPS of kr3.01.

PE Ratio

SIEM OFFSHORE has a trailing twelve months price to earnings ratio of 8.7. Meaning, the purchaser of the share is investing kr8.7 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 16.51%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 16.1%, now sitting on 315.21M for the twelve trailing months.

Volume

Today’s last reported volume for SIEM OFFSHORE is 1278900 which is 312.39% above its average volume of 310118.

Moving Average

SIEM OFFSHORE’s value is higher than its 50-day moving average of kr25.41 and way above its 200-day moving average of kr23.63.

More news about SIEM OFFSHORE (SIOFF.OL).

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