(VIANEWS) - The Market ended the session with SPAREBANK 1 SØRØ (SOON.OL) rising 14.79% to kr59.00 on Thursday while Oslo Børs Benchmark Index_GI dropped 0.54% to kr1,252.38.
SPAREBANK 1 SØRØ's last close was kr51.40, 8.54% below its 52-week high of kr56.20.
About SPAREBANK 1 SØRØ
SpareBank 1 Sørøst-Norge provides various banking products and services for private and corporate customers in Norway. The company offers mobile and online banking, card, account, and payment services. It also provides mortgage, car, boat, consumer, and other vehicle loans as well as refinancing, micro savings, investment, pension, and property related services. In addition, the company offers daily operations, get paid, loans and financing, and pension related products. Further, it provides business and personnel insurance as well as savings and investment products. The company was founded in 1859 and is headquartered in Sandefjord, Norway.
Earnings Per Share
As for profitability, SPAREBANK 1 SØRØ has a trailing twelve months EPS of kr5.28.
PE Ratio
SPAREBANK 1 SØRØ has a trailing twelve months price to earnings ratio of 11.17. Meaning, the purchaser of the share is investing kr11.17 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 10.44%.
Moving Average
SPAREBANK 1 SØRØ's worth is way higher than its 50-day moving average of kr50.71 and way above its 200-day moving average of kr51.53.Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, SPAREBANK 1 SØRØ's stock is considered to be oversold (<=20).
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on Aug 14, 2023, the estimated forward annual dividend rate is 2.6 and the estimated forward annual dividend yield is 5.1%.
Yearly Top and Bottom Value
SPAREBANK 1 SØRØ's stock is valued at kr59.00 at 22:36 EST, higher than its 52-week high of kr56.20.
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