Akastor ASA (Norway) Today
| AKAST Stock | NOK 13.26 0.34 2.63% |
Performance0 of 100
| Odds Of DistressOver 57
|
Akastor ASA is selling at 13.26 as of the 22nd of November 2024; that is 2.63% up since the beginning of the trading day. The stock's open price was 12.92. Akastor ASA has over 57 % chance of experiencing financial distress in the next 2 years of operation and has generated negative returns for investors over the last 90 days. Equity ratings for Akastor ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Akastor ASA operates as an oilfield services investment company in Norway, Germany, the United States, Brazil, Asia, rest of Europe, the Middle East, and internationally. Akastor ASA was founded in 1841 and is based in Brum, Norway. AKASTOR ASA operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. The company has 272.19 M outstanding shares. More on Akastor ASA
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Akastor 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. Akastor ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Akastor ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Oil & Gas Equipment & Services, Energy (View all Sectors) |
Akastor ASA (AKAST) is traded on Oslo Stock Exchange in Norway and employs 415 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.63 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Akastor ASA's market, we take the total number of its shares issued and multiply it by Akastor ASA'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. Akastor ASA operates under Energy sector and is part of Oil & Gas Equipment & Services industry. The entity has 272.19 M outstanding shares.
Akastor ASA has accumulated about 258 M in cash with (96 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.98.
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Ownership AllocationAkastor ASA holds a total of 272.19 Million outstanding shares. Akastor ASA shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 61.04 percent of Akastor ASA outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Akastor ASA Risk Profiles
Although Akastor ASA's alpha and beta are two of the key measurements used to evaluate Akastor ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.26 | |||
| Standard Deviation | 1.79 | |||
| Variance | 3.2 | |||
| Risk Adjusted Performance | (0.07) |
Akastor Stock Against Markets
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Akastor ASA Corporate Management
Elected by the shareholders, the Akastor ASA's board of directors comprises two types of representatives: Akastor ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Akastor. The board's role is to monitor Akastor ASA's management team and ensure that shareholders' interests are well served. Akastor ASA'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, Akastor ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Sander Seeberg | Head Tax | Profile | |
| Bruce Lethuillier | Head Treasury | Profile | |
| Paal Johnsen | Ex Director | Profile | |
| Christian Starberg | Financial Controller | Profile | |
| Tore Langballe | Head Relations | Profile | |
| Oyvind Paaske | Chief Officer | Profile | |
| Karl Kjelstad | Chief Officer | Profile |
Other Information on Investing in Akastor Stock
Akastor ASA financial ratios help investors to determine whether Akastor 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 Akastor with respect to the benefits of owning Akastor ASA security.