SOLSTAD OFFSHORE Stock Over 22% Up In The Last 10 Sessions

(VIANEWS) – Shares of SOLSTAD OFFSHORE (Oslo Børs Benchmark Index_GI: SOFF.OL) rose by a staggering 22.42% in 10 sessions from kr22.3 to kr27.30 at 11:38 EST on Tuesday, following the last session’s downward trend. Oslo Børs Benchmark Index_GI is jumping 0.04% to kr1,221.13, following the last session’s downward trend.

SOLSTAD OFFSHORE’s last close was kr27.18, 47.73% below its 52-week high of kr52.00.

About SOLSTAD OFFSHORE

Solstad Offshore ASA operates offshore service vessels and maritime services to offshore energy industry. It owns and operates platform supply vessel, anchor handling tug support vessel, and construction service vessels. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work. It operates a fleet of 27 construction service vessels, 20 anchor handling tug support vessels, and 39 platform supply vessels. The company was founded in 1964 and is headquartered in Skudeneshavn, Norway.

Earnings Per Share

As for profitability, SOLSTAD OFFSHORE has a trailing twelve months EPS of kr-14.19.

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 -46.22%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SOLSTAD OFFSHORE’s EBITDA is 17.35.

Revenue Growth

Year-on-year quarterly revenue growth grew by 40.1%, now sitting on 6.3B for the twelve trailing months.

Sales Growth

SOLSTAD OFFSHORE’s sales growth for the current quarter is 25.7%.

More news about SOLSTAD OFFSHORE (SOFF.OL).

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