Elkem ASA (Norway) Today
| ELK Stock | NOK 18.22 0.18 1.00% |
Performance0 of 100
| Odds Of DistressLess than 9
|
Elkem ASA is selling for 18.22 as of the 25th of November 2024. This is a 1.00% up since the beginning of the trading day. The stock's lowest day price was 17.78. Elkem ASA has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Elkem ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of October 2024 and ending today, the 25th of November 2024. Click here to learn more.
Elkem ASA manufactures and sells metals and materials in Norway and internationally. Elkem ASA is a subsidiary of Bluestar Elkem International Co., Ltd. ELKEM ASA operates under Specialty Chemicals classification in Norway and is traded on Oslo Stock Exchange. The company has 635.52 M outstanding shares. More on Elkem ASA
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Elkem 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. Elkem ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Elkem ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President | Katja Lehland |
| Business Concentration | Materials, Chemicals, Specialty Chemicals, Basic Materials (View all Sectors) |
Elkem ASA (ELK) is traded on Oslo Stock Exchange in Norway and employs 7,300 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 24.28 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Elkem ASA's market, we take the total number of its shares issued and multiply it by Elkem 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. Elkem ASA operates under Chemicals sector and is part of Materials industry. The entity has 635.52 M outstanding shares.
Elkem ASA has accumulated about 9.26 B in cash with 9.31 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.23.
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Ownership AllocationElkem ASA holds a total of 635.52 Million outstanding shares. Elkem ASA retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. 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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Elkem ASA Risk Profiles
Although Elkem ASA's alpha and beta are two of the key measurements used to evaluate Elkem ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.67 | |||
| Standard Deviation | 2.21 | |||
| Variance | 4.89 | |||
| Risk Adjusted Performance | (0.04) |
Elkem Stock Against Markets
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Other Information on Investing in Elkem Stock
Elkem ASA financial ratios help investors to determine whether Elkem 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 Elkem with respect to the benefits of owning Elkem ASA security.