SOLSTAD OFFSHORE Stock Impressive Drop 13% So Far On Friday, Underperforms Market

(VIANEWS) – Shares of SOLSTAD OFFSHORE (Oslo Børs Benchmark Index_GI: SOFF.OL) slid by a staggering 13.46% to kr29.25 at 13:40 EST on Friday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI is dropping 2.8% to kr1,143.49, following the last session’s downward trend. This seems, as yet, an all-around down trend trading session today.

SOLSTAD OFFSHORE’s last close was kr33.80, 35% 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%.

Yearly Top and Bottom Value

SOLSTAD OFFSHORE’s stock is valued at kr29.25 at 13:40 EST, way under its 52-week high of kr52.00 and way higher than its 52-week low of kr13.60.

Moving Average

SOLSTAD OFFSHORE’s worth is way under its 50-day moving average of kr42.47 and under its 200-day moving average of kr31.50.

More news about SOLSTAD OFFSHORE (SOFF.OL).

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