Aker Solutions ASA (AKRTF) Expected to Release Earnings on Tuesday

Aker Solutions ASA (OTCMKTS:AKRTF) is expected to be issuing its resultson Tuesday, July 14th. Analysts expect Aker Solutions ASA to announce earnings of $0.1402 per share and revenue of $1.3654 billion for the quarter.

Aker Solutions ASA Price Performance

Aker Solutions ASA stock opened at $4.48 on Tuesday. Aker Solutions ASA has a 12-month low of $2.65 and a 12-month high of $5.15. The firm’s fifty day moving average price is $4.64 and its 200 day moving average price is $4.08.

Analyst Upgrades and Downgrades

AKRTF has been the subject of several recent analyst reports. Royal Bank Of Canada restated a “sector perform” rating on shares of Aker Solutions ASA in a research note on Wednesday, May 13th. Barclays cut Aker Solutions ASA from an “equal weight” rating to an “underweight” rating in a research note on Monday, April 20th. Finally, Pareto Securities lowered Aker Solutions ASA from a “buy” rating to a “hold” rating in a research note on Thursday, April 30th. Two equities research analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce”.

About Aker Solutions ASA

Aker Solutions ASA is a Norway‐based engineering and technology company primarily serving the oil and gas industry. The firm specializes in the design, engineering, procurement, construction and commissioning of offshore platforms, topside modules and subsea systems. Its product portfolio includes subsea production systems, umbilicals, risers and flowlines, as well as maintenance and modification services for offshore installations.

In addition to its core oilfield services, Aker Solutions has expanded into energy transition markets.