(VIANEWS) – The Market ended the session with SOLSTAD OFFSHORE (SOFF.OL) rising 12.44% to kr31.10 on Friday, following the last session’s upward trend. Oslo Børs Benchmark Index_GI jumped 0.52% to kr1,294.33, after two successive sessions in a row of losses, on what was a somewhat positive trend trading session today.
SOLSTAD OFFSHORE’s last close was kr27.66, 46.81% under 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 kr0.59.
PE Ratio
SOLSTAD OFFSHORE has a trailing twelve months price to earnings ratio of 52.71. Meaning, the purchaser of the share is investing kr52.71 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 3.44%.
Volume
Today’s last reported volume for SOLSTAD OFFSHORE is 2405890 which is 104.34% above its average volume of 1177370.
Revenue Growth
Year-on-year quarterly revenue growth grew by 17.1%, now sitting on 7.6B for the twelve trailing months.
Volatility
SOLSTAD OFFSHORE’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.39%, a positive 0.79%, and a positive 3.50%.
SOLSTAD OFFSHORE’s highest amplitude of average volatility was 4.25% (last week), 3.11% (last month), and 3.50% (last quarter).
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SOLSTAD OFFSHORE’s stock is considered to be oversold (<=20).
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