Grnges AB (Sweden) Today

GRNG Stock  SEK 125.80  1.80  1.45%   

Performance

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Odds Of Distress

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Grnges AB is selling for under 125.80 as of the 28th of November 2024; that is 1.45% up since the beginning of the trading day. The stock's last reported lowest price was 123.5. Grnges AB 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 Grnges AB are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
Grnges AB develops, produces, and distributes rolled aluminum materials for brazed heat exchanger and niche applications in Europe, Asia, and the Americas. The company was founded in 1896 and is headquartered in Stockholm, Sweden. Grnges AB operates under Non-ferrous Metals Production And Products classification in Sweden and is traded on Stockholm Stock Exchange. The company has 106.31 M outstanding shares. More on Grnges AB

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Grnges 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. Grnges AB's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Grnges AB or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Business ConcentrationAluminum, Basic Materials (View all Sectors)
Grnges AB (GRNG) is traded on Stockholm Exchange in Sweden and employs 2,700 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 9.51 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Grnges AB's market, we take the total number of its shares issued and multiply it by Grnges AB'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. Grnges AB operates under Basic Materials sector and is part of Aluminum industry. The entity has 106.31 M outstanding shares. Grnges AB has accumulated about 485 M in cash with 1.1 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 6.42.
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Ownership Allocation
Grnges AB has a total of 106.31 Million outstanding shares. Over half of Grnges AB's outstanding shares are owned by outside corporations. These outside corporations are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulations than regular investors in Grnges AB. Please watch out for any change in the institutional holdings of Grnges AB as this could mean something significant has changed or is about to change at the company. Please note that no matter how many assets the company holds, 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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Grnges AB Risk Profiles

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

Grnges Stock Against Markets

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Grnges AB Corporate Management

Elected by the shareholders, the Grnges AB's board of directors comprises two types of representatives: Grnges AB inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Grnges. The board's role is to monitor Grnges AB's management team and ensure that shareholders' interests are well served. Grnges AB'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, Grnges AB's outside directors are responsible for providing unbiased perspectives on the board's policies.

Additional Tools for Grnges Stock Analysis

When running Grnges AB's price analysis, check to measure Grnges AB's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Grnges AB is operating at the current time. Most of Grnges AB's value examination focuses on studying past and present price action to predict the probability of Grnges AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grnges AB's price. Additionally, you may evaluate how the addition of Grnges AB to your portfolios can decrease your overall portfolio volatility.