(VIANEWS) – The Market ended the session with VEIDEKKE (VEI.OL) jumping 10.37% to kr106.40 on Thursday while Oslo Børs Benchmark Index_GI fell 0.85% to kr1,236.59.
VEIDEKKE’s last close was kr96.40, 21.5% under its 52-week high of kr122.80.
About VEIDEKKE
Veidekke ASA operates as a construction and property development company. It operates through Construction Norway, Infrastructure Norway, Construction Sweden, Infrastructure Sweden, and Denmark/Hoffmann segments. The company operates as a construction contractor; executes civil engineering and renovation projects; and produces asphalt and aggregates, as well as operates in the public road maintenance market. It is also involved in the civil engineering, recycling, and asphalting projects, as well as constructs commercial and residential buildings. Veidekke ASA was founded in 1936 and is headquartered in Oslo, Norway.
Earnings Per Share
As for profitability, VEIDEKKE has a trailing twelve months EPS of kr8.
PE Ratio
VEIDEKKE has a trailing twelve months price to earnings ratio of 13.3. Meaning, the purchaser of the share is investing kr13.3 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 44.7%.
Dividend Yield
As stated by Morningstar, Inc., the next dividend payment is on May 11, 2023, the estimated forward annual dividend rate is 7.75 and the estimated forward annual dividend yield is 7.81%.
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