SOLSTAD OFFSHORE Stock Is 28% Down In The Last 21 Sessions

(VIANEWS) – Shares of SOLSTAD OFFSHORE (Oslo Børs Benchmark Index_GI: SOFF.OL) slid by a staggering 28.46% in 21 sessions from kr45.85 to kr32.80 at 13:39 EST on Monday, after three sequential sessions in a row of losses. Oslo Børs Benchmark Index_GI is sliding 0.53% to kr1,146.90, after five consecutive sessions in a row of losses.

SOLSTAD OFFSHORE’s last close was kr34.85, 32.98% under its 52-week high of kr52.00.

About SOLSTAD OFFSHORE

Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry worldwide. It provides platform supply vessel, anchor handling vessel, subsea construction, and renewable energy services. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, deep sea mining, 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 25 construction service vessels, 26 anchor handling tug support vessels, and 45 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 kr24773.9.

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 -46.02%.

Earnings Before Interest, Taxes, Depreciation, and Amortization

SOLSTAD OFFSHORE’s EBITDA is -232.05.

Volume

Today’s last reported volume for SOLSTAD OFFSHORE is 806339 which is 50.52% below its average volume of 1159160.

More news about SOLSTAD OFFSHORE (SOFF.OL).

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