Idex ASA (Norway) Today

IDEX Stock  NOK 0.13  0.06  31.58%   

Performance

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Odds Of Distress

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Idex ASA is selling for 0.13 as of the 22nd of November 2024. This is a 31.58% down since the beginning of the trading day. The stock's lowest day price was 0.13. Idex ASA has 49 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Idex 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.
IDEX Biometrics ASA develops and sells fingerprint imaging and recognition technology in Europe, the Middle East, Africa, the Americas, and Asia. The company was founded in 1996 and is headquartered in Brum, Norway. IDEX BIOMETRICS operates under Software - Application classification in Norway and is traded on Oslo Stock Exchange. The company has 1.17 B outstanding shares. More on Idex ASA

Moving against Idex Stock

  0.66JAREN Jaeren SparebankPairCorr
  0.62SOGN Sogn SparebankPairCorr
  0.38ROMSB Romsdal SparebankPairCorr
  0.32NISB Nidaros SparebankPairCorr
Follow Valuation Odds of Bankruptcy
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Idex 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. Idex ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Idex ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PresidentGuido Bertocci
Business ConcentrationInformation Technology, Electronic Equipment, Instruments & Components, Software - Application, Technology (View all Sectors)
Idex ASA (IDEX) is traded on Oslo Stock Exchange in Norway and employs 92 people. The company currently falls under 'Small-Cap' category with a current market capitalization of 829.84 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Idex ASA's market, we take the total number of its shares issued and multiply it by Idex 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. Idex ASA operates under Electronic Equipment, Instruments & Components sector and is part of Information Technology industry. The entity has 1.17 B outstanding shares. Idex ASA has accumulated about 224.92 M in cash with (27.46 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.38, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership Allocation
Idex ASA has a total of 1.17 Billion outstanding shares. Idex ASA secures 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 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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Idex ASA Risk Profiles

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

Idex Stock Against Markets

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Idex ASA Corporate Management

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

Other Information on Investing in Idex Stock

Idex ASA financial ratios help investors to determine whether Idex 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 Idex with respect to the benefits of owning Idex ASA security.