Northern Ocean (Norway) Probability of Future Stock Price Finishing Under 9.29
NOL Stock | NOK 8.76 0.37 4.41% |
Northern |
Northern Ocean Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of Northern Ocean for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for Northern Ocean can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.Northern Ocean had very high historical volatility over the last 90 days | |
Northern Ocean has accumulated 459.53 M in total debt with debt to equity ratio (D/E) of 1.0, which is about average as compared to similar companies. Northern Ocean has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Northern Ocean until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Ocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northern Ocean sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Ocean's use of debt, we should always consider it together with cash and equity. | |
The entity reported the revenue of 67.78 M. Net Loss for the year was (11.03 M) with profit before overhead, payroll, taxes, and interest of 6.12 M. | |
Northern Ocean has accumulated about 5.46 M in cash with (21.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. | |
Roughly 44.0% of Northern Ocean outstanding shares are owned by corporate insiders |
Northern Ocean Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of Northern Stock often depends not only on the future outlook of the current and potential Northern Ocean's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Northern Ocean's indicators that are reflective of the short sentiment are summarized in the table below.
Common Stock Shares Outstanding | 77.1 M | |
Cash And Short Term Investments | 5.5 M |
Northern Ocean Technical Analysis
Northern Ocean's future price can be derived by breaking down and analyzing its technical indicators over time. Northern Stock technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Northern Ocean. In general, you should focus on analyzing Northern Stock price patterns and their correlations with different microeconomic environments and drivers.
Northern Ocean Predictive Forecast Models
Northern Ocean's time-series forecasting models is one of many Northern Ocean's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary Northern Ocean's historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the stock market movement and maximize returns from investment trading.
Things to note about Northern Ocean
Checking the ongoing alerts about Northern Ocean for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for Northern Ocean help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Northern Ocean had very high historical volatility over the last 90 days | |
Northern Ocean has accumulated 459.53 M in total debt with debt to equity ratio (D/E) of 1.0, which is about average as compared to similar companies. Northern Ocean has a current ratio of 0.06, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Northern Ocean until it has trouble settling it off, either with new capital or with free cash flow. So, Northern Ocean's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Northern Ocean sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Northern to invest in growth at high rates of return. When we think about Northern Ocean's use of debt, we should always consider it together with cash and equity. | |
The entity reported the revenue of 67.78 M. Net Loss for the year was (11.03 M) with profit before overhead, payroll, taxes, and interest of 6.12 M. | |
Northern Ocean has accumulated about 5.46 M in cash with (21.81 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.28. | |
Roughly 44.0% of Northern Ocean outstanding shares are owned by corporate insiders |
Other Information on Investing in Northern Stock
Northern Ocean financial ratios help investors to determine whether Northern Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Northern with respect to the benefits of owning Northern Ocean security.