Aasen Sparebank (Norway) Today

AASB Stock  NOK 122.22  5.14  4.39%   

Performance

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Odds Of Distress

Less than 9

 
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Aasen Sparebank is selling for 122.22 as of the 22nd of November 2024. This is a 4.39 percent up since the beginning of the trading day. The stock's lowest day price was 120.0. Aasen Sparebank has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Aasen Sparebank are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of December 2022 and ending today, the 22nd of November 2024. Click here to learn more.
Aasen Sparebank provides various banking products and services in Norway. Aasen Sparebank was founded in 1862 and is based in sen, Norway. AASEN SPAREBANK operates under BanksRegional classification in Norway and is traded on Oslo Stock Exchange. It employs 30 people. The company has 1.73 M outstanding shares. More on Aasen Sparebank

Moving together with Aasen Stock

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  0.76SOAG Sparebank 1 OstfoldPairCorr

Moving against Aasen Stock

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Follow Valuation Odds of Bankruptcy
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Aasen Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Aasen Sparebank's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Aasen Sparebank or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaBanks (View all Themes)
Business ConcentrationBanks, Banks—Regional, Financial Services (View all Sectors)
Aasen Sparebank (AASB) is traded on Oslo Stock Exchange in Norway and employs 33 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 205.84 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Aasen Sparebank's market, we take the total number of its shares issued and multiply it by Aasen Sparebank's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Aasen Sparebank operates under Financial Services sector and is part of Banks—Regional industry. The entity has 1.73 M outstanding shares. Aasen Sparebank has accumulated about 12.09 M in cash with (55.77 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 11.93.
Check Aasen Sparebank Probability Of Bankruptcy
Ownership Allocation
The market capitalization of Aasen Sparebank is 205.84 Million. Aasen Sparebank shows 18.59 percent of its outstanding shares held by insiders and 2.4 percent owned by other corporate entities. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
Check Aasen Ownership Details

Aasen Sparebank Risk Profiles

Although Aasen Sparebank's alpha and beta are two of the key measurements used to evaluate Aasen Sparebank's performance over the market, the standard measures of volatility play an important role as well.

Aasen Stock Against Markets

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Aasen Sparebank Corporate Management

Elected by the shareholders, the Aasen Sparebank's board of directors comprises two types of representatives: Aasen Sparebank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Aasen. The board's role is to monitor Aasen Sparebank's management team and ensure that shareholders' interests are well served. Aasen Sparebank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Aasen Sparebank's outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Aasen Stock

Aasen Sparebank financial ratios help investors to determine whether Aasen 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 Aasen with respect to the benefits of owning Aasen Sparebank security.