(VIANEWS) – The Market ended the session with SOLSTAD OFFSHORE (SOFF.OL) rising 11.24% to kr39.60 on Friday, after three successive sessions in a row of gains. Oslo Børs Benchmark Index_GI dropped 0.58% to kr1,296.42, following the last session’s upward trend on what was a somewhat negative trend trading session today.
SOLSTAD OFFSHORE’s last close was kr35.60, 31.54% 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 67.12. Meaning, the purchaser of the share is investing kr67.12 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%.
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