Magnora ASA (Norway) Today
| MGN Stock | 24.80 0.10 0.40% |
Performance2 of 100
| Odds Of DistressOver 65
|
Magnora ASA is selling for 24.80 as of the 26th of November 2024. This is a 0.4% down since the beginning of the trading day. The stock's lowest day price was 24.55. Magnora ASA has more than 65 % chance of experiencing financial distress in the next few years of operation. It also did not have a very good performance during the last 90 trading days. Equity ratings for Magnora ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of October 2024 and ending today, the 26th of November 2024. Click here to learn more.
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Magnora 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. Magnora ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Magnora ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Utilities-Renewable, Utilities (View all Sectors) |
Magnora ASA (MGN) is traded on Oslo Stock Exchange in Norway and employs 10 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.6 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Magnora ASA's market, we take the total number of its shares issued and multiply it by Magnora 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. Magnora ASA operates under Utilities sector and is part of Utilities-Renewable industry. The entity has 66.8 M outstanding shares.
Magnora ASA generates negative cash flow from operations
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Ownership AllocationMagnora ASA maintains a total of 66.8 Million outstanding shares. Magnora ASA holds 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 has, 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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Magnora ASA Risk Profiles
Although Magnora ASA's alpha and beta are two of the key measurements used to evaluate Magnora ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.55 | |||
| Semi Deviation | 1.78 | |||
| Standard Deviation | 2.05 | |||
| Variance | 4.22 |
Magnora Stock Against Markets
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Magnora ASA Corporate Management
Elected by the shareholders, the Magnora ASA's board of directors comprises two types of representatives: Magnora ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Magnora. The board's role is to monitor Magnora ASA's management team and ensure that shareholders' interests are well served. Magnora 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, Magnora ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Erik Sneve | Chief Officer | Profile | |
| Haakon Alfstad | Chief Wind | Profile | |
| Bjorn Gronlie | Ex MA | Profile | |
| Trond Gartner | Sr Devel | Profile | |
| Bard Olsen | Chief Officer | Profile | |
| Cecilie WieseHansen | Group Controller | Profile | |
| Torstein Sanness | Ex Chairman | Profile |
Other Information on Investing in Magnora Stock
Magnora ASA financial ratios help investors to determine whether Magnora 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 Magnora with respect to the benefits of owning Magnora ASA security.