TGS Stock Bullish Momentum With A 11.06% Rise On Tuesday

(VIANEWS) – The Market ended the session with TGS (TGS.OL) jumping 11.06% to kr132.50 on Tuesday while Oslo Børs Benchmark Index_GI rose 0.13% to kr1,352.65.

TGS’s last close was kr119.30, 40.59% below its 52-week high of kr200.80.

About TGS

TGS ASA provides geoscience data services to the oil and gas industry worldwide. The company offers geophysical data, including multi-client seismic data; geological data comprising well data products, and interpretive studies and services; and interpretation products and data integration solutions. It also provides imaging services, which include 2D and 3D seismic imaging solution in depth and time domains; marine, land, and ocean bottom nodes; and transition zone, multi component, and 4D time-lapse processing. The company was formerly known as TGS-NOPEC Geophysical Company ASA and changed its name to TGS ASA in June 2021. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway.

Earnings Per Share

As for profitability, TGS has a trailing twelve months EPS of kr6.44.

PE Ratio

TGS has a trailing twelve months price to earnings ratio of 20.57. Meaning, the purchaser of the share is investing kr20.57 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 1.72%.

Growth Estimates Quarters

The company’s growth estimates for the present quarter and the next is 275% and 39.5%, respectively.

Volume

Today’s last reported volume for TGS is 1960090 which is 214.34% above its average volume of 623555.

More news about TGS (TGS.OL).

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