(VIANEWS) – Shares of SOLSTAD OFFSHORE (Oslo Børs Benchmark Index_GI: SOFF.OL) slid by a staggering 34.92% in 21 sessions from kr47.2 to kr30.72 at 10:30 EST on Wednesday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is falling 0.67% to kr1,193.32, after five successive sessions in a row of gains.
SOLSTAD OFFSHORE’s last close was kr32.22, 38.04% below 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%.
Moving Average
SOLSTAD OFFSHORE’s value is way under its 50-day moving average of kr41.03 and under its 200-day moving average of kr31.50.
Sales Growth
SOLSTAD OFFSHORE’s sales growth for the current quarter is 25.7%.
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