Norbit ASA (Norway) Today
| NORBT Stock | NOK 96.30 1.10 1.16% |
Performance4 of 100
| Odds Of DistressLess than 9
|
Norbit ASA is selling at 96.30 as of the 1st of December 2024; that is 1.16% up since the beginning of the trading day. The stock's open price was 95.2. Norbit ASA has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Norbit ASA are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
It operates through three segments Oceans, Intelligent Traffic Systems, and Product Innovation Realization. The company was founded in 1980 and is headquartered in Trondheim, Norway. NORBIT ASA is traded on Oslo Stock Exchange in Norway. The company has 59.18 M outstanding shares. More on Norbit ASA
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Norbit 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. Norbit ASA's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Norbit ASA or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Business Concentration | Scientific & Technical Instruments, Technology (View all Sectors) |
Norbit ASA (NORBT) is traded on Oslo Stock Exchange in Norway and employs 430 people. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Norbit ASA's market, we take the total number of its shares issued and multiply it by Norbit 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. Norbit ASA operates under Technology sector and is part of Scientific & Technical Instruments industry. The entity has 59.18 M outstanding shares.
Norbit ASA has accumulated about 13.3 M in cash with 47.7 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.39.
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Ownership AllocationNorbit ASA maintains a total of 59.18 Million outstanding shares. Norbit ASA secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 65.6 % of Norbit ASA outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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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Norbit ASA Risk Profiles
Although Norbit ASA's alpha and beta are two of the key measurements used to evaluate Norbit ASA's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 1.49 | |||
| Semi Deviation | 1.53 | |||
| Standard Deviation | 1.97 | |||
| Variance | 3.9 |
Norbit Stock Against Markets
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Norbit ASA Corporate Management
Elected by the shareholders, the Norbit ASA's board of directors comprises two types of representatives: Norbit ASA inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Norbit. The board's role is to monitor Norbit ASA's management team and ensure that shareholders' interests are well served. Norbit 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, Norbit ASA's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Per Reppe | Group Officer | Profile | |
| Arild Soraunet | Group Officer | Profile | |
| Steffen Kirknes | Founder Mang | Profile | |
| Per Weisethaunet | Group Officer | Profile | |
| Peter Eriksen | B Oceans | Profile | |
| Stein Beyer | Group PIR | Profile |
Other Information on Investing in Norbit Stock
Norbit ASA financial ratios help investors to determine whether Norbit 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 Norbit with respect to the benefits of owning Norbit ASA security.