New Wave (Sweden) Today
| NEWA-B Stock | SEK 96.60 1.05 1.10% |
Performance0 of 100
| Odds Of DistressLess than 9
|
New Wave is trading at 96.60 as of the 25th of November 2024, a 1.10% up since the beginning of the trading day. The stock's open price was 95.55. New Wave 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 New Wave Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of February 2023 and ending today, the 25th of November 2024. Click here to learn more.
New Wave Group AB designs, acquires, and develops brands and products in the corporate promo, sports, gifts, and home furnishings sectors in Sweden, the United States, rest of Nordic countries, Central Europe, Southern Europe, and internationally. New Wave Group AB was founded in 1990 and is headquartered in Gothenburg, Sweden. The company has 46.64 M outstanding shares. More on New Wave Group
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New 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. New Wave's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding New Wave or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Apparel Manufacturing, Consumer Cyclical (View all Sectors) |
New Wave Group (NEWA-B) is traded on Stockholm Exchange in Sweden and employs 2,312 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 15.88 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate New Wave's market, we take the total number of its shares issued and multiply it by New Wave'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. New Wave Group operates under Consumer Cyclical sector and is part of Apparel Manufacturing industry. The entity has 46.64 M outstanding shares.
New Wave Group has accumulated about 182.5 M in cash with 1.21 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.75.
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Ownership AllocationNew Wave Group maintains a total of 46.64 Million outstanding shares. 30% of New Wave outstanding shares are owned by institutional investors. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. 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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New Wave Group Risk Profiles
Although New Wave's alpha and beta are two of the key measurements used to evaluate New Wave's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.54 | |||
| Standard Deviation | 2.15 | |||
| Variance | 4.63 | |||
| Risk Adjusted Performance | (0.06) |
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| All Next | Launch Module |
New Wave Corporate Management
Elected by the shareholders, the New Wave's board of directors comprises two types of representatives: New Wave inside directors who are chosen from within the company, and outside directors, selected externally and held independent of New. The board's role is to monitor New Wave's management team and ensure that shareholders' interests are well served. New Wave'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, New Wave's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Anni Sandgren | Ma Sustainability | Profile | |
| Goran Harstedt | 1st CEO | Profile | |
| Lars Jnsson | Chief Officer | Profile | |
| Torsten Jansson | Group Founder | Profile | |
| Mark Cao | Chief Officer | Profile | |
| Patric Broman | CIO | Profile |
Other Information on Investing in New Stock
New Wave financial ratios help investors to determine whether New 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 New with respect to the benefits of owning New Wave security.